The Salem High School Performing Arts Music Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 11,302 | 19,821 | −8,519 | 116.3 | 0% |
| 2022 | 44,965 | 42,270 | 2,695 | 55.3 | 0% |
| 2023 | 413,474 | 430,089 | −16,615 | 5.0 | 0% |
| 2024 | 76,915 | 65,368 | 11,547 | 34.9 | 0% |
In its most recent public year (2024), this organization brought in $11,547 more than it spent. Its reserves stood at about 34.9 months of spending, down from 116.3 in 2021. 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 2024. 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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