Chorale Bel Canto
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 87,969 | 77,439 | 10,530 | 15.1 | — |
| 2021 | 90,985 | 61,394 | 29,591 | 24.9 | — |
| 2022 | 83,990 | 80,643 | 3,347 | 19.4 | — |
| 2023 | 87,283 | 104,628 | −17,345 | 13.0 | — |
In its most recent public year (2023), this organization spent $17,345 more than it brought in. Its reserves stood at about 13 months of spending, down from 15.1 in 2020.
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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