Sitka Music Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 370,641 | 425,347 | −54,706 | 1.2 | 18% |
| 2012 | 443,735 | 435,297 | 8,438 | 1.5 | 17% |
| 2013 | 422,932 | 376,921 | 46,011 | 3.1 | 31% |
| 2014 | 456,307 | 411,882 | 44,425 | 4.2 | 30% |
| 2015 | 859,251 | 392,092 | 467,159 | 18.7 | 33% |
| 2016 | 502,868 | 392,559 | 110,309 | 22.0 | 39% |
| 2017 | 660,954 | 436,617 | 224,337 | 26.0 | 30% |
| 2018 | 655,309 | 458,368 | 196,941 | 29.9 | 44% |
| 2019 | 1,163,110 | 459,162 | 703,948 | 48.2 | 44% |
| 2020 | 2,459,852 | 428,172 | 2,031,680 | 108.7 | 47% |
| 2021 | 833,930 | 592,831 | 241,099 | 83.4 | 42% |
| 2022 | 195,133 | 224,104 | −28,971 | 225.3 | 35% |
| 2023 | 531,019 | 596,776 | −65,757 | 83.3 | 36% |
In its most recent public year (2023), this organization spent $65,757 more than it brought in. Its reserves stood at about 83.3 months of spending, up from 1.2 in 2011. Staff pay was 36% 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
Sitka Music Festival Inc'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