Wichita Falls Symphony Orchestra Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 665,367 | 680,704 | −15,337 | 24.3 | 13% |
| 2021 | 486,172 | 455,503 | 30,669 | 37.1 | 23% |
| 2022 | 829,639 | 776,258 | 53,381 | 22.6 | 15% |
| 2023 | 780,860 | 946,717 | −165,857 | 16.4 | 13% |
| 2024 | 969,700 | 820,819 | 148,881 | 21.1 | 15% |
In its most recent public year (2024), this organization brought in $148,881 more than it spent. Its reserves stood at about 21.1 months of spending, down from 24.3 in 2020. Staff pay was 15% of spending. $285,639 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 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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