Drum Major Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,259,146 | 1,272,184 | −13,038 | 1.4 | 9% |
| 2011 | 382,074 | 783,883 | −401,809 | -4.0 | 11% |
| 2012 | 205,044 | 219,215 | −14,171 | -14.9 | 29% |
| 2013 | 166,025 | 88,957 | 77,068 | -26.4 | 0% |
| 2014 | 45,968 | 23,054 | 22,914 | -89.8 | 0% |
| 2015 | 643,897 | 639,564 | 4,333 | -3.7 | 63% |
| 2016 | 662,173 | 458,251 | 203,922 | 0.2 | 54% |
| 2017 | 201,040 | 304,669 | −103,629 | -3.8 | 33% |
| 2018 | 434,336 | 289,290 | 145,046 | 2.0 | 0% |
| 2019 | 109,187 | 123,095 | −13,908 | 3.3 | 0% |
| 2020 | 316,973 | 240,946 | 76,027 | 5.5 | 0% |
| 2021 | 325,500 | 306,074 | 19,426 | 5.1 | 0% |
| 2022 | 343,800 | 354,497 | −10,697 | 4.0 | 51% |
In its most recent public year (2022), this organization spent $10,697 more than it brought in. Its reserves stood at about 4 months of spending, up from 1.4 in 2010. Staff pay was 51% 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 2022. 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
Drum Major Institute Inc's IRS filings as a feed — one entry per filing year, through 2022. 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