Torrance Chorale Friends
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 32,846 | 26,057 | 6,789 | 7.5 | — |
| 2012 | 30,431 | 29,005 | 1,426 | 7.3 | — |
| 2013 | 32,388 | 26,593 | 5,795 | 10.6 | — |
| 2014 | 37,161 | 36,739 | 422 | 7.8 | — |
| 2015 | 29,631 | 31,490 | −1,859 | 8.4 | — |
| 2016 | 10,072 | 16,334 | −6,262 | 11.6 | — |
| 2017 | 20,498 | 19,247 | 1,251 | 7.8 | — |
| 2018 | 8,039 | 17,287 | −9,248 | 2.2 | — |
| 2019 | 28,907 | 15,830 | 13,077 | 12.3 | — |
| 2020 | 2,126 | 2,274 | −148 | 85.1 | — |
| 2021 | 509 | 435 | 74 | 446.7 | — |
| 2022 | 3,252 | 800 | 2,452 | 279.7 | — |
| 2023 | 761 | 763 | −2 | 293.2 | — |
In its most recent public year (2023), this organization spent $2 more than it brought in. Its reserves stood at about 293.2 months of spending, up from 7.5 in 2011.
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
Torrance Chorale Friends'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