Downey Symphonic Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 139,128 | 147,176 | −8,048 | 3.5 | 71% |
| 2012 | 165,526 | 155,716 | 9,810 | 4.0 | 64% |
| 2013 | 150,145 | 154,453 | −4,308 | 3.7 | 64% |
| 2014 | 191,979 | 184,498 | 7,481 | 3.6 | 63% |
| 2015 | 169,857 | 177,477 | −7,620 | 3.2 | 64% |
| 2016 | 160,200 | 186,040 | −25,840 | 1.4 | 63% |
| 2017 | 228,628 | 163,893 | 64,735 | 6.4 | 63% |
| 2018 | 206,115 | 207,421 | −1,306 | 4.9 | 62% |
| 2019 | 230,040 | 248,265 | −18,225 | 3.2 | 62% |
| 2020 | 96,041 | 105,020 | −8,979 | 6.7 | 60% |
| 2021 | 81,212 | 2,860 | 78,352 | 573.1 | 0% |
| 2022 | 48,177 | 190,399 | −142,222 | -0.4 | 70% |
In its most recent public year (2022), this organization spent $142,222 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.4 months), down from 3.5 in 2011. Staff pay was 70% 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 2022. 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
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