Lawton Philharmonic Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 239,154 | 263,231 | −24,077 | 7.2 | 54% |
| 2023 | 224,916 | 276,611 | −51,695 | 4.6 | 60% |
| 2024 | 277,179 | 293,305 | −16,126 | 3.7 | 48% |
In its most recent public year (2024), this organization spent $16,126 more than it brought in. Its reserves stood at about 3.7 months of spending, down from 7.2 in 2022. Staff pay was 48% of spending.
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 2024. 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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