Renovation In Music Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 103,117 | 81,679 | 21,438 | 8.4 | — |
| 2011 | 105,323 | 78,664 | 26,659 | 14.7 | — |
| 2012 | 220,916 | 153,550 | 67,366 | 14.5 | 55% |
| 2013 | 465,647 | 182,370 | 283,277 | 29.8 | 55% |
| 2014 | 253,856 | 278,529 | −24,673 | 18.5 | 39% |
| 2015 | 915,402 | 266,874 | 648,528 | 48.4 | 41% |
| 2016 | 556,623 | 320,372 | 236,251 | 49.8 | 48% |
| 2017 | 205,564 | 398,023 | −192,459 | 34.7 | 54% |
| 2018 | 245,915 | 375,853 | −129,938 | 32.7 | 44% |
| 2019 | 299,020 | 444,360 | −145,340 | 23.8 | 32% |
| 2020 | 112,639 | 313,407 | −200,768 | 26.2 | 37% |
| 2021 | 198,345 | 299,707 | −101,362 | 23.4 | 39% |
| 2022 | 399,694 | 347,102 | 52,592 | 21.8 | 44% |
| 2023 | 262,501 | 328,962 | −66,461 | 20.9 | 43% |
In its most recent public year (2023), this organization spent $66,461 more than it brought in. Its reserves stood at about 20.9 months of spending, up from 8.4 in 2010. Staff pay was 43% 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
Renovation In Music Education'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