Youth Choirs Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 661,668 | 744,424 | −82,756 | 0.5 | 22% |
| 2012 | 506,836 | 490,390 | 16,446 | 1.1 | 36% |
| 2013 | 874,124 | 593,012 | 281,112 | 6.6 | 39% |
| 2014 | 463,376 | 465,663 | −2,287 | 8.0 | 49% |
| 2015 | 802,518 | 634,318 | 168,200 | 9.0 | 37% |
| 2016 | 889,510 | 895,050 | −5,540 | 6.5 | 29% |
| 2017 | 1,002,440 | 832,291 | 170,149 | 9.4 | 38% |
| 2018 | 865,769 | 877,705 | −11,936 | 8.5 | 39% |
| 2019 | 585,634 | 604,827 | −19,193 | 12.1 | 47% |
| 2020 | 616,610 | 744,372 | −127,762 | 7.8 | 40% |
| 2021 | 479,556 | 525,466 | −45,910 | 12.8 | 58% |
| 2022 | 533,478 | 720,699 | −187,221 | 6.2 | 45% |
| 2023 | 523,623 | 501,505 | 22,118 | 9.4 | 63% |
In its most recent public year (2023), this organization brought in $22,118 more than it spent. Its reserves stood at about 9.4 months of spending, up from 0.5 in 2011. Staff pay was 63% of spending. $12,595 of its net assets are donor-restricted.
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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