Newport Symphony Orchestra
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 202,826 | 189,350 | 13,476 | 5.2 | 8% |
| 2012 | 217,143 | 195,432 | 21,711 | 6.4 | 8% |
| 2013 | 249,365 | 222,261 | 27,104 | 7.3 | 7% |
| 2014 | 385,864 | 341,162 | 44,702 | 6.6 | 5% |
| 2015 | 297,895 | 321,088 | −23,193 | 6.2 | 5% |
| 2016 | 391,186 | 353,292 | 37,894 | 6.7 | 4% |
| 2017 | 316,617 | 365,438 | −48,821 | 7.1 | 5% |
| 2018 | 310,964 | 303,669 | 7,295 | 9.4 | 8% |
| 2019 | 1,053,547 | 502,796 | 550,751 | 19.3 | 8% |
| 2020 | 272,646 | 351,777 | −79,131 | 26.3 | 25% |
| 2021 | 249,990 | 158,823 | 91,167 | 73.6 | 56% |
| 2022 | 478,148 | 365,941 | 112,207 | 33.7 | 29% |
| 2023 | 329,582 | 468,214 | −138,632 | 23.6 | 27% |
In its most recent public year (2023), this organization spent $138,632 more than it brought in. Its reserves stood at about 23.6 months of spending, up from 5.2 in 2011. Staff pay was 27% of spending. $226,066 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
Newport Symphony Orchestra'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