Reading Community Singers
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 35,476 | 29,081 | 6,395 | 12.1 | — |
| 2016 | 31,847 | 27,425 | 4,422 | 14.8 | — |
| 2017 | 38,589 | 32,537 | 6,052 | 14.7 | — |
| 2018 | 38,624 | 32,049 | 6,575 | 17.4 | — |
| 2019 | 56,724 | 56,655 | 69 | 9.8 | — |
| 2020 | 36,863 | 34,129 | 2,734 | 17.3 | — |
| 2021 | 33,810 | 30,487 | 3,323 | 20.7 | — |
| 2022 | 35,061 | 36,387 | −1,326 | 16.9 | — |
| 2023 | 32,015 | 38,873 | −6,858 | 13.7 | — |
In its most recent public year (2023), this organization spent $6,858 more than it brought in. Its reserves stood at about 13.7 months of spending, up from 12.1 in 2015.
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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