Musical Fund Society Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 45,017 | 14,196 | 30,821 | 446.9 | 0% |
| 2022 | 97,151 | 10,950 | 86,201 | 548.5 | 0% |
| 2023 | 21,088 | 41,487 | −20,399 | 135.2 | 0% |
In its most recent public year (2023), this organization spent $20,399 more than it brought in. Its reserves stood at about 135.2 months of spending, down from 446.9 in 2021. Staff pay was 0% of spending. $7,691 of its net assets are donor-restricted.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works