Slowik Music Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 370,129 | 379,602 | −9,473 | 5.3 | 0% |
| 2012 | 411,083 | 466,959 | −55,876 | 2.9 | 0% |
| 2013 | 512,126 | 492,696 | 19,430 | 3.2 | 0% |
| 2014 | 434,981 | 450,453 | −15,472 | 3.1 | 19% |
| 2015 | 431,918 | 403,022 | 28,896 | 4.4 | 27% |
| 2016 | 411,608 | 427,405 | −15,797 | 3.7 | 26% |
| 2017 | 473,092 | 456,652 | 16,440 | 4.6 | 27% |
| 2018 | 482,338 | 522,397 | −40,059 | 3.0 | 36% |
| 2019 | 422,309 | 396,160 | 26,149 | 4.7 | 31% |
| 2020 | 302,637 | 210,047 | 92,590 | 15.2 | 50% |
| 2021 | 259,991 | 201,897 | 58,094 | 20.7 | 54% |
| 2022 | 369,623 | 277,163 | 92,460 | 18.0 | 40% |
| 2023 | 374,537 | 294,681 | 79,856 | 20.6 | 40% |
In its most recent public year (2023), this organization brought in $79,856 more than it spent. Its reserves stood at about 20.6 months of spending, up from 5.3 in 2011. Staff pay was 40% of spending. $255,848 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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