The Foundation For Music Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,887,373 | 2,042,063 | −154,690 | -3.1 | 8% |
| 2011 | 344,859 | 67,183 | 277,676 | -46.2 | 0% |
| 2012 | 333,392 | 77,090 | 256,302 | -1.4 | 0% |
| 2013 | 130,717 | 50,228 | 80,489 | 17.1 | 0% |
| 2014 | 71,306 | 63,896 | 7,410 | 14.9 | 0% |
| 2015 | 79,618 | 69,404 | 10,214 | 15.5 | 0% |
| 2016 | 95,218 | 93,471 | 1,747 | 11.7 | 7% |
| 2017 | 116,427 | 110,863 | 5,564 | 10.5 | 0% |
| 2018 | 111,694 | 100,767 | 10,927 | 12.8 | 0% |
| 2019 | 125,527 | 118,157 | 7,370 | 11.7 | 0% |
| 2020 | 58,710 | 60,321 | −1,611 | 22.6 | 0% |
| 2021 | 116,727 | 101,046 | 15,681 | 15.3 | 0% |
| 2022 | 169,826 | 149,653 | 20,173 | 12.0 | 0% |
| 2023 | 195,515 | 171,635 | 23,880 | 12.1 | 0% |
In its most recent public year (2023), this organization brought in $23,880 more than it spent. Its reserves stood at about 12.1 months of spending, up from -3.1 in 2010. 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 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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