Institute Of Music For Children Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 307,127 | 416,041 | −108,914 | 1.0 | 68% |
| 2012 | 442,541 | 453,859 | −11,318 | 0.6 | 78% |
| 2013 | 770,149 | 531,980 | 238,169 | 5.8 | 78% |
| 2014 | 627,925 | 593,201 | 34,724 | 6.2 | 73% |
| 2015 | 685,352 | 636,860 | 48,492 | 6.5 | 72% |
| 2016 | 745,906 | 742,646 | 3,260 | 5.5 | 69% |
| 2017 | 1,000,010 | 833,902 | 166,108 | 7.6 | 70% |
| 2018 | 833,834 | 762,003 | 71,831 | 8.9 | 64% |
| 2019 | 842,620 | 904,363 | −61,743 | 7.4 | 71% |
| 2020 | 878,894 | 746,441 | 132,453 | 11.9 | 70% |
| 2021 | 6,114,164 | 1,131,603 | 4,982,561 | 61.1 | 62% |
| 2022 | 1,328,232 | 1,104,705 | 223,527 | 61.5 | 64% |
| 2023 | 1,424,585 | 1,494,267 | −69,682 | 45.8 | 62% |
In its most recent public year (2023), this organization spent $69,682 more than it brought in. Its reserves stood at about 45.8 months of spending, up from 1 in 2011. Staff pay was 62% of spending. $471,045 of its net assets are donor-restricted.
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
Institute Of Music For Children 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