World Music Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,544,724 | 1,471,169 | 73,555 | 2.7 | 19% |
| 2012 | 1,045,612 | 1,158,860 | −113,248 | 2.2 | 34% |
| 2013 | 1,051,495 | 1,207,820 | −156,325 | 0.6 | 31% |
| 2014 | 731,433 | 795,671 | −64,238 | -0.1 | 23% |
| 2015 | 838,651 | 756,013 | 82,638 | 1.2 | 17% |
| 2016 | 881,470 | 922,515 | −41,045 | 0.5 | 21% |
| 2017 | 987,044 | 952,516 | 34,528 | 0.9 | 23% |
| 2018 | 1,078,875 | 1,005,554 | 73,321 | 1.7 | 20% |
| 2019 | 791,411 | 781,824 | 9,587 | 2.4 | 33% |
| 2020 | 726,885 | 610,785 | 116,100 | 5.3 | 39% |
| 2021 | 497,495 | 486,146 | 11,349 | 7.0 | 52% |
| 2022 | 937,903 | 687,703 | 250,200 | 9.5 | 34% |
| 2023 | 743,974 | 795,282 | −51,308 | 7.4 | 32% |
In its most recent public year (2023), this organization spent $51,308 more than it brought in. Its reserves stood at about 7.4 months of spending, up from 2.7 in 2011. Staff pay was 32% of spending. $87,000 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
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