Friends Of Davidson Music Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 24,508 | 29,466 | −4,958 | 11.1 | 0% |
| 2012 | 21,041 | 26,817 | −5,776 | 9.6 | 0% |
| 2013 | 39,039 | 36,105 | 2,934 | 8.1 | 0% |
| 2014 | 60,822 | 65,582 | −4,760 | 3.6 | 0% |
| 2015 | 57,826 | 46,275 | 11,551 | 8.1 | 0% |
| 2016 | 69,524 | 85,758 | −16,234 | 2.1 | 0% |
| 2017 | 51,558 | 49,375 | 2,183 | 4.2 | 0% |
| 2018 | 38,188 | 43,343 | −5,155 | 3.3 | 0% |
| 2019 | 24,015 | 22,277 | 1,738 | 7.4 | 0% |
| 2020 | 31,606 | 33,516 | −1,910 | 4.2 | 0% |
| 2021 | 1,000 | 884 | 116 | 162.5 | 0% |
In its most recent public year (2021), this organization brought in $116 more than it spent. Its reserves stood at about 162.5 months of spending, up from 11.1 in 2011. 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 2021. 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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