The Laredo Philharmonic
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 213,525 | 130,878 | 82,647 | 11.5 | 0% |
| 2012 | 171,631 | 166,995 | 4,636 | 9.3 | 0% |
| 2013 | 110,413 | 229,200 | −118,787 | 0.6 | — |
| 2014 | 199,138 | 166,138 | 33,000 | 3.2 | 0% |
| 2015 | 227,795 | 219,718 | 8,077 | 2.9 | 1% |
| 2016 | 171,467 | 146,927 | 24,540 | 6.3 | — |
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 126,238 | 155,790 | −29,552 | 2.2 | — |
| 2019 | 0 | 0 | 0 | — | — |
| 2020 | 58,370 | 68,361 | −9,991 | 2.4 | — |
| 2021 | 22,341 | 11,243 | 11,098 | 26.3 | — |
| 2022 | 20,010 | 7,958 | 12,052 | 55.3 | — |
| 2023 | 71,357 | 63,534 | 7,823 | 8.4 | — |
In its most recent public year (2023), this organization brought in $7,823 more than it spent. Its reserves stood at about 8.4 months of spending, down from 11.5 in 2011.
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
The Laredo Philharmonic's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works