Salem Orchestra
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 51,560 | 36,781 | 14,779 | 5.1 | — |
| 2020 | 52,127 | 45,204 | 6,923 | 5.4 | — |
| 2021 | 7,840 | 12,891 | −5,051 | 4.5 | — |
| 2022 | 31,061 | 39,513 | −8,452 | -1.1 | — |
| 2023 | 60,158 | 75,654 | −15,496 | -3.0 | — |
In its most recent public year (2023), this organization spent $15,496 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3 months), down from 5.1 in 2019.
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
Salem Orchestra'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