Detroit Musicians Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 28,668 | 22,661 | 6,007 | 144.9 | 0% |
| 2013 | 2,674 | 11,047 | −8,373 | 288.1 | 0% |
| 2014 | 9,033 | 16,857 | −7,824 | 183.3 | 0% |
| 2015 | 13,489 | 15,669 | −2,180 | 195.5 | 0% |
| 2016 | 2,568 | 3,949 | −1,381 | 771.5 | 0% |
| 2017 | 3,513 | 5,957 | −2,444 | 506.5 | 0% |
| 2018 | 18,591 | 5,220 | 13,371 | 608.7 | 0% |
| 2019 | 9,053 | 9,381 | −328 | 338.3 | 0% |
| 2020 | 5,584 | 4,328 | 1,256 | 736.9 | 0% |
| 2021 | 4,029 | 5,774 | −1,745 | 548.8 | 0% |
| 2022 | 4,157 | 7,313 | −3,156 | 428.1 | 0% |
| 2023 | 14,957 | 16,086 | −1,129 | 193.8 | 0% |
In its most recent public year (2023), this organization spent $1,129 more than it brought in. Its reserves stood at about 193.8 months of spending, up from 144.9 in 2012. 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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