Prescott Symphony Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 165,013 | 143,960 | 21,053 | 5.4 | — |
| 2020 | 114,693 | 78,693 | 36,000 | 15.3 | — |
| 2021 | 64,451 | 88,873 | −24,422 | 10.3 | — |
| 2022 | 238,448 | 224,220 | 14,228 | 4.5 | 3% |
| 2023 | 181,969 | 210,886 | −28,917 | 3.2 | 0% |
In its most recent public year (2023), this organization spent $28,917 more than it brought in. Its reserves stood at about 3.2 months of spending, down from 5.4 in 2019. Staff pay was 0% of spending. $673 of its net assets are donor-restricted.
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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