Fulcrum Point New Music Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 268,817 | 201,519 | 67,298 | 4.1 | 74% |
| 2021 | 346,912 | 255,179 | 91,733 | 7.5 | 46% |
| 2022 | 325,915 | 281,815 | 44,100 | 5.5 | 54% |
| 2023 | 232,388 | 279,640 | −47,252 | 3.5 | 37% |
In its most recent public year (2023), this organization spent $47,252 more than it brought in. Its reserves stood at about 3.5 months of spending. Staff pay was 37% 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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