Redondo Ballet
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 99,941 | 93,421 | 6,520 | 2.8 | — |
| 2020 | 57,065 | 52,422 | 4,643 | 6.0 | — |
| 2021 | 63,219 | 32,829 | 30,390 | 20.7 | — |
| 2022 | 131,296 | 133,034 | −1,738 | 5.0 | — |
| 2023 | 166,670 | 185,511 | −18,841 | 2.3 | — |
In its most recent public year (2023), this organization spent $18,841 more than it brought in. Its reserves stood at about 2.3 months 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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