Sounds Good Choir Nfp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 58,226 | 55,788 | 2,438 | 0.5 | — |
| 2017 | 165,271 | 133,457 | 31,814 | 3.1 | — |
| 2018 | 283,448 | 239,676 | 43,772 | 3.9 | 40% |
| 2019 | 531,565 | 413,835 | 117,730 | 5.7 | 45% |
| 2020 | 2,313,448 | 456,566 | 1,856,882 | 55.6 | 53% |
| 2021 | 486,305 | 504,929 | −18,624 | 54.3 | 55% |
| 2022 | 463,767 | 586,929 | −123,162 | 37.1 | 50% |
| 2023 | 561,857 | 814,021 | −252,164 | 25.0 | 45% |
In its most recent public year (2023), this organization spent $252,164 more than it brought in. Its reserves stood at about 25 months of spending, up from 0.5 in 2016. Staff pay was 45% 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
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