Island Choral Experience
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 245,501 | 238,641 | 6,860 | 6.9 | 0% |
| 2012 | 246,665 | 265,961 | −19,296 | 5.4 | 0% |
| 2013 | 270,210 | 272,241 | −2,031 | 5.1 | 79% |
| 2014 | 289,900 | 286,897 | 3,003 | 5.0 | 77% |
| 2015 | 302,805 | 302,917 | −112 | 4.7 | 79% |
| 2016 | 335,125 | 325,758 | 9,367 | 4.7 | 75% |
| 2017 | 323,806 | 322,151 | 1,655 | 4.8 | 75% |
| 2018 | 360,455 | 339,550 | 20,905 | 5.3 | 72% |
| 2019 | 343,971 | 333,741 | 10,230 | 5.7 | 75% |
| 2020 | 329,980 | 310,335 | 19,645 | 7.1 | 72% |
| 2021 | 54,272 | 115,699 | −61,427 | 12.6 | — |
| 2022 | 290,364 | 340,367 | −50,003 | 2.5 | 64% |
| 2023 | 353,043 | 360,839 | −7,796 | 2.1 | 60% |
In its most recent public year (2023), this organization spent $7,796 more than it brought in. Its reserves stood at about 2.1 months of spending, down from 6.9 in 2011. Staff pay was 60% 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 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
Island Choral Experience'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