Carmel Bach Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,128,108 | 1,968,692 | 159,416 | 3.2 | 44% |
| 2012 | 2,065,892 | 2,148,720 | −82,828 | 2.5 | 54% |
| 2013 | 2,014,124 | 2,187,981 | −173,857 | 2.5 | 46% |
| 2014 | 2,301,205 | 2,152,389 | 148,816 | 4.1 | 55% |
| 2015 | 1,919,256 | 2,378,390 | −459,134 | 1.9 | 52% |
| 2016 | 1,828,579 | 2,259,588 | −431,009 | 1.6 | 52% |
| 2017 | 2,237,494 | 2,122,092 | 115,402 | 2.4 | 54% |
| 2018 | 2,236,294 | 2,280,587 | −44,293 | 2.6 | 54% |
| 2019 | 2,599,780 | 2,372,240 | 227,540 | 4.3 | 51% |
| 2020 | 1,399,413 | 1,270,753 | 128,660 | 9.2 | 70% |
| 2021 | 2,099,477 | 1,828,244 | 271,233 | 8.3 | 57% |
| 2022 | 2,641,760 | 2,948,684 | −306,924 | 3.9 | 53% |
| 2023 | 2,881,087 | 3,222,181 | −341,094 | 2.3 | 50% |
In its most recent public year (2023), this organization spent $341,094 more than it brought in. Its reserves stood at about 2.3 months of spending. Staff pay was 50% of spending. $61,750 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
Carmel Bach 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