Madison Area Music Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 55,083 | 21,626 | 33,457 | 35.6 | 0% |
| 2021 | 91,425 | 100,551 | −9,126 | 4.7 | 0% |
| 2022 | 39,502 | 36,125 | 3,377 | 14.1 | — |
| 2023 | 12,986 | 20,711 | −7,725 | 20.1 | — |
In its most recent public year (2023), this organization spent $7,725 more than it brought in. Its reserves stood at about 20.1 months of spending, down from 35.6 in 2020.
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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