Washington Square Association Music Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 43,934 | 27,527 | 16,407 | 12.4 | 0% |
| 2021 | 126,325 | 64,317 | 62,008 | 16.9 | 0% |
| 2022 | 89,963 | 93,684 | −3,721 | 11.1 | 16% |
| 2023 | 96,616 | 97,278 | −662 | 10.6 | 0% |
In its most recent public year (2023), this organization spent $662 more than it brought in. Its reserves stood at about 10.6 months of spending, down from 12.4 in 2020. Staff pay was 0% 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
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