Asia America Symphony Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 302,186 | 343,028 | −40,842 | 6.2 | 23% |
| 2020 | 75,494 | 118,186 | −42,692 | 13.6 | 63% |
| 2021 | 204,073 | 179,853 | 24,220 | 9.0 | 42% |
| 2022 | 93,802 | 191,641 | −97,839 | 0.0 | 36% |
| 2023 | 79,392 | 117,669 | −38,277 | -0.1 | 33% |
In its most recent public year (2023), this organization spent $38,277 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.1 months), down from 6.2 in 2019. Staff pay was 33% 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 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
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