Ironwood Ridge Music Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 35,000 | 35,000 | 0 | 1.5 | — |
| 2017 | 35,000 | 35,000 | 0 | 1.5 | — |
| 2018 | 46,000 | 0 | 46,000 | — | — |
| 2019 | 87,513 | 85,704 | 1,809 | 7.3 | — |
| 2020 | 75,261 | 68,599 | 6,662 | 10.3 | — |
| 2022 | 104,069 | 107,552 | −3,483 | 4.6 | — |
In its most recent public year (2022), this organization spent $3,483 more than it brought in. Its reserves stood at about 4.6 months of spending, up from 1.5 in 2016.
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 2022. 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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