Midland Festival Ballet
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 484,794 | 545,881 | −61,087 | -5.4 | 26% |
| 2012 | 395,855 | 388,126 | 7,729 | 0.4 | 0% |
| 2013 | 463,392 | 456,314 | 7,078 | 0.6 | 27% |
| 2014 | 498,927 | 519,853 | −20,926 | -0.5 | 30% |
| 2015 | 519,417 | 482,089 | 37,328 | 0.4 | 27% |
| 2016 | 527,055 | 507,160 | 19,895 | 0.8 | 25% |
| 2017 | 513,316 | 530,771 | −17,455 | 0.4 | 27% |
| 2018 | 633,720 | 606,307 | 27,413 | 0.9 | 33% |
| 2019 | 645,881 | 651,157 | −5,276 | 1.4 | 30% |
| 2020 | 704,046 | 673,102 | 30,944 | 2.2 | 31% |
| 2021 | 529,242 | 489,541 | 39,701 | 3.9 | 37% |
| 2022 | 901,283 | 874,929 | 26,354 | 2.6 | 33% |
| 2023 | 997,249 | 1,037,025 | −39,776 | 1.7 | 28% |
In its most recent public year (2023), this organization spent $39,776 more than it brought in. Its reserves stood at about 1.7 months of spending, up from -5.4 in 2011. Staff pay was 28% 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 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
Midland Festival Ballet'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