Musicians Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 42,535 | 41,104 | 1,431 | 1.5 | 14% |
| 2012 | 19,090 | 11,351 | 7,739 | 13.7 | — |
| 2013 | 4,818 | 8,317 | −3,499 | 13.6 | — |
| 2015 | 10,321 | 6,407 | 3,914 | 14.3 | — |
| 2016 | 16,617 | 18,059 | −1,442 | 4.1 | — |
| 2017 | 25,635 | 15,258 | 10,377 | 13.0 | 4% |
| 2018 | 213,234 | 95,739 | 117,495 | 16.8 | 21% |
| 2019 | −32,993 | 68,015 | −101,008 | 5.8 | 41% |
| 2020 | 155,533 | 90,796 | 64,737 | 12.4 | 48% |
| 2021 | 479,289 | 245,005 | 234,284 | 16.1 | 40% |
| 2022 | 318,415 | 294,597 | 23,818 | 14.3 | 36% |
| 2023 | 214,837 | 269,070 | −54,233 | 13.3 | 33% |
In its most recent public year (2023), this organization spent $54,233 more than it brought in. Its reserves stood at about 13.3 months of spending, up from 1.5 in 2011. Staff pay was 33% 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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