Source Music Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 90,000 | 56,484 | 33,516 | 7.9 | — |
| 2019 | 33,166 | 70,177 | −37,011 | 0.0 | — |
| 2022 | 26,000 | 34,810 | −8,810 | 0.2 | — |
| 2023 | 390,456 | 58,544 | 331,912 | 68.4 | 76% |
In its most recent public year (2023), this organization brought in $331,912 more than it spent. Its reserves stood at about 68.4 months of spending, up from 7.9 in 2018. Staff pay was 76% 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
Source Music Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works