Twin Cities Womens Choir
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 131,693 | 136,956 | −5,263 | 9.5 | 60% |
| 2023 | 183,784 | 201,966 | −18,182 | 5.1 | 55% |
| 2024 | 167,399 | 191,800 | −24,401 | 3.8 | 56% |
In its most recent public year (2024), this organization spent $24,401 more than it brought in. Its reserves stood at about 3.8 months of spending, down from 9.5 in 2022. Staff pay was 56% 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 2024. 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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