Music For The Soul Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 81,962 | 94,690 | −12,728 | 2.7 | — |
| 2021 | 127,480 | 121,849 | 5,631 | 2.7 | — |
| 2022 | 113,014 | 106,082 | 6,932 | 3.9 | — |
| 2023 | 152,754 | 159,495 | −6,741 | 2.1 | — |
In its most recent public year (2023), this organization spent $6,741 more than it brought in. Its reserves stood at about 2.1 months 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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