Piedmont Choirs
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 946,639 | 968,528 | −21,889 | 3.4 | 44% |
| 2012 | 1,225,574 | 1,188,474 | 37,100 | 3.1 | 41% |
| 2013 | 1,236,658 | 1,139,599 | 97,059 | 4.4 | 40% |
| 2014 | 1,147,032 | 1,047,480 | 99,552 | 6.2 | 45% |
| 2015 | 1,299,379 | 1,276,826 | 22,553 | 5.1 | 44% |
| 2016 | 1,458,777 | 1,380,390 | 78,387 | 5.3 | 39% |
| 2017 | 1,231,739 | 1,268,310 | −36,571 | 5.6 | 40% |
| 2018 | 1,433,065 | 1,382,180 | 50,885 | 5.8 | 42% |
| 2019 | 1,608,920 | 1,510,501 | 98,419 | 6.1 | 41% |
| 2020 | 1,118,637 | 1,160,367 | −41,730 | 7.3 | 48% |
| 2021 | 966,344 | 1,047,776 | −81,432 | 8.7 | 54% |
| 2022 | 1,532,884 | 1,371,503 | 161,381 | 6.9 | 50% |
| 2023 | 1,765,452 | 1,751,466 | 13,986 | 5.8 | 45% |
In its most recent public year (2023), this organization brought in $13,986 more than it spent. Its reserves stood at about 5.8 months of spending, up from 3.4 in 2011. Staff pay was 45% of spending. $308,341 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
Piedmont Choirs'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