Masterworks Chorale Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 143,341 | 151,320 | −7,979 | 1.0 | — |
| 2012 | 125,681 | 117,823 | 7,858 | 2.0 | — |
| 2013 | 150,751 | 144,017 | 6,734 | 2.2 | — |
| 2014 | 245,271 | 207,687 | 37,584 | 3.7 | 37% |
| 2015 | 188,807 | 195,908 | −7,101 | 3.5 | — |
| 2016 | 219,657 | 219,755 | −98 | 3.0 | 40% |
| 2017 | 231,166 | 242,036 | −10,870 | 2.2 | 42% |
| 2018 | 262,951 | 229,714 | 33,237 | 4.0 | 44% |
| 2019 | 228,995 | 220,584 | 8,411 | 4.9 | 42% |
| 2020 | 239,095 | 167,041 | 72,054 | 11.6 | 50% |
| 2021 | 191,184 | 140,329 | 50,855 | 18.2 | 72% |
| 2022 | 212,487 | 195,400 | 17,087 | 14.1 | 64% |
| 2023 | 370,653 | 235,099 | 135,554 | 18.8 | 60% |
| 2024 | 418,756 | 340,529 | 78,227 | 15.8 | 53% |
In its most recent public year (2024), this organization brought in $78,227 more than it spent. Its reserves stood at about 15.8 months of spending, up from 1 in 2011. Staff pay was 53% 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 2024. 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
Masterworks Chorale Society's IRS filings as a feed — one entry per filing year, through 2024. 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