Lutheran Music Academy Of Galvestonisland Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 82,539 | 88,074 | −5,535 | 0.2 | — |
| 2012 | 85,384 | 76,199 | 9,185 | 1.6 | — |
| 2013 | 84,878 | 89,429 | −4,551 | 0.8 | — |
| 2014 | 90,516 | 80,297 | 10,219 | 2.4 | — |
| 2015 | 87,787 | 96,465 | −8,678 | 0.9 | — |
| 2016 | 146,979 | 107,053 | 39,926 | 5.3 | — |
| 2017 | 120,512 | 129,346 | −8,834 | 3.6 | — |
| 2018 | 169,274 | 131,027 | 38,247 | 7.0 | — |
| 2019 | 99,748 | 140,967 | −41,219 | 3.0 | — |
| 2020 | 105,499 | 112,071 | −6,572 | 3.1 | — |
| 2021 | 111,240 | 110,843 | 397 | 3.2 | — |
| 2022 | 151,296 | 127,768 | 23,528 | 5.0 | — |
| 2023 | 127,510 | 128,781 | −1,271 | 4.8 | — |
In its most recent public year (2023), this organization spent $1,271 more than it brought in. Its reserves stood at about 4.8 months of spending, up from 0.2 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 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
Lutheran Music Academy Of Galvestonisland Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works