Music For Kids Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 40,966 | 49,307 | −8,341 | 4.3 | — |
| 2012 | 56,858 | 47,250 | 9,608 | 6.9 | — |
| 2013 | 39,016 | 52,657 | −13,641 | 3.1 | — |
| 2014 | 50,189 | 49,484 | 705 | 3.4 | — |
| 2015 | 42,470 | 48,288 | −5,818 | 2.1 | — |
| 2016 | 55,477 | 54,567 | 910 | 2.0 | — |
| 2017 | 60,416 | 57,042 | 3,374 | 2.7 | — |
| 2018 | 53,246 | 59,971 | −6,725 | 1.2 | — |
| 2019 | 51,609 | 42,962 | 8,647 | 4.1 | — |
| 2020 | 1,107 | 9,465 | −8,358 | 7.9 | — |
In its most recent public year (2020), this organization spent $8,358 more than it brought in. Its reserves stood at about 7.9 months of spending, up from 4.3 in 2011.
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 2020. 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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