Harmony A Colorado Chorale
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 72,401 | 62,590 | 9,811 | 6.2 | — |
| 2012 | 67,849 | 73,737 | −5,888 | 4.3 | — |
| 2013 | 61,342 | 68,796 | −7,454 | 3.3 | — |
| 2014 | 68,092 | 62,366 | 5,726 | 4.8 | — |
| 2015 | 57,956 | 66,920 | −8,964 | 2.9 | — |
| 2016 | 74,446 | 64,902 | 9,544 | 3.6 | — |
| 2017 | 141,109 | 132,798 | 8,311 | 2.6 | — |
| 2020 | 69,743 | 56,380 | 13,363 | 2.0 | — |
In its most recent public year (2020), this organization brought in $13,363 more than it spent. Its reserves stood at about 2 months of spending, down from 6.2 in 2011.
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 2020. 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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