Hudson River School Of Music Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 311,051 | 309,006 | 2,045 | 13.6 | 75% |
| 2022 | 317,296 | 315,502 | 1,794 | 14.7 | 75% |
| 2023 | 456,131 | 426,078 | 30,053 | 11.7 | 55% |
| 2024 | 482,271 | 434,866 | 47,405 | 13.7 | 69% |
In its most recent public year (2024), this organization brought in $47,405 more than it spent. Its reserves stood at about 13.7 months of spending. Staff pay was 69% 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 2024. 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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