David Hochstein Memorial Music School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,157,349 | 2,951,544 | 205,805 | 32.4 | 56% |
| 2012 | 2,923,000 | 2,878,134 | 44,866 | 33.0 | 58% |
| 2013 | 2,889,236 | 3,048,442 | −159,206 | 30.8 | 56% |
| 2014 | 3,167,913 | 3,060,848 | 107,065 | 32.2 | 56% |
| 2015 | 2,982,356 | 3,125,218 | −142,862 | 29.9 | 56% |
| 2016 | 2,856,923 | 3,133,260 | −276,337 | 28.5 | 58% |
| 2017 | 2,967,054 | 3,155,596 | −188,542 | 28.3 | 59% |
| 2018 | 3,052,024 | 3,071,951 | −19,927 | 29.3 | 57% |
| 2019 | 3,087,864 | 3,184,383 | −96,519 | 28.7 | 59% |
| 2020 | 2,998,577 | 3,183,541 | −184,964 | 28.8 | 60% |
| 2021 | 3,414,239 | 2,867,926 | 546,313 | 38.3 | 59% |
| 2022 | 4,251,000 | 3,398,494 | 852,506 | 31.2 | 56% |
| 2023 | 4,370,404 | 3,700,139 | 670,265 | 32.1 | 58% |
In its most recent public year (2023), this organization brought in $670,265 more than it spent. Its reserves stood at about 32.1 months of spending. Staff pay was 58% of spending. $2,494,527 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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