Westrick Music Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 576,416 | 605,004 | −28,588 | 5.0 | 21% |
| 2012 | 386,658 | 405,009 | −18,351 | 6.9 | 36% |
| 2013 | 506,744 | 456,556 | 50,188 | 7.5 | 39% |
| 2014 | 571,828 | 532,482 | 39,346 | 7.5 | 42% |
| 2015 | 565,516 | 554,600 | 10,916 | 7.2 | 44% |
| 2016 | 738,163 | 713,298 | 24,865 | 6.2 | 34% |
| 2017 | 639,174 | 593,796 | 45,378 | 8.9 | 45% |
| 2018 | 986,818 | 982,929 | 3,889 | 5.6 | 34% |
| 2019 | 789,662 | 847,119 | −57,457 | 5.7 | 42% |
| 2020 | 855,755 | 792,012 | 63,743 | 7.7 | 47% |
| 2021 | 844,881 | 824,914 | 19,967 | 8.7 | 42% |
| 2022 | 775,626 | 897,671 | −122,045 | 5.6 | 38% |
| 2023 | 897,941 | 999,905 | −101,964 | 4.0 | 37% |
In its most recent public year (2023), this organization spent $101,964 more than it brought in. Its reserves stood at about 4 months of spending. Staff pay was 37% of spending. $5,029 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
Westrick Music Academy 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