Music Fund Of Los Angeles
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,238 | 8,623 | 8,615 | 167.8 | — |
| 2012 | 18,573 | 47,492 | −28,919 | 23.2 | — |
| 2013 | 11,945 | 26,495 | −14,550 | 34.9 | — |
| 2014 | 18,876 | 42,434 | −23,558 | 15.1 | — |
| 2015 | 69 | 6,139 | −6,070 | 92.8 | — |
| 2016 | 22,620 | 14,475 | 8,145 | 46.1 | — |
| 2017 | 33,881 | 2,691 | 31,190 | 387.1 | — |
| 2018 | 11,996 | 6,908 | 5,088 | 159.6 | — |
| 2021 | 8,372 | 21,559 | −13,187 | 35.4 | — |
In its most recent public year (2021), this organization spent $13,187 more than it brought in. Its reserves stood at about 35.4 months of spending, down from 167.8 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 2021. 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
Music Fund Of Los Angeles's IRS filings as a feed — one entry per filing year, through 2021. 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