Vieques Concert Society Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 37,521 | 32,472 | 5,049 | 12.9 | — |
| 2020 | 16,569 | 28,149 | −11,580 | 12.5 | — |
| 2022 | 24,600 | 32,701 | −8,101 | 5.4 | — |
| 2023 | 19,600 | 24,206 | −4,606 | 5.1 | — |
In its most recent public year (2023), this organization spent $4,606 more than it brought in. Its reserves stood at about 5.1 months of spending, down from 12.9 in 2019.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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