Ohio Foundation For Music Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 5,157 | 8,453 | −3,296 | 311.4 | — |
| 2022 | 14,181 | 12,720 | 1,461 | 189.0 | — |
| 2023 | 11,645 | 7,633 | 4,012 | 349.2 | — |
| 2024 | 62,197 | 9,782 | 52,415 | 299.8 | — |
In its most recent public year (2024), this organization brought in $52,415 more than it spent. Its reserves stood at about 299.8 months of spending, down from 311.4 in 2021.
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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