Manchester Music Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 274,213 | 235,936 | 38,277 | 101.0 | 50% |
| 2021 | 431,102 | 342,872 | 88,230 | 80.4 | 40% |
| 2022 | 120,867 | 131,795 | −10,928 | 178.4 | 37% |
| 2023 | 672,966 | 530,188 | 142,778 | 52.4 | 28% |
In its most recent public year (2023), this organization brought in $142,778 more than it spent. Its reserves stood at about 52.4 months of spending, down from 101 in 2020. Staff pay was 28% of spending. $1,246,151 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
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