Somerville Music Boosters Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 89,434 | 86,679 | 2,755 | 3.8 | 0% |
| 2012 | 87,623 | 72,230 | 15,393 | 7.2 | 0% |
| 2013 | 101,238 | 92,679 | 8,559 | 6.7 | 0% |
| 2014 | 91,303 | 68,454 | 22,849 | 13.1 | 0% |
| 2015 | 119,356 | 127,397 | −8,041 | 6.3 | 0% |
| 2016 | 101,704 | 93,075 | 8,629 | 9.7 | 0% |
| 2017 | 104,896 | 114,992 | −10,096 | 6.8 | 0% |
| 2018 | 97,046 | 84,209 | 12,837 | 11.1 | 0% |
| 2019 | 97,467 | 97,365 | 102 | 9.6 | 0% |
| 2020 | 40,760 | 45,847 | −5,087 | 19.1 | 0% |
| 2021 | 50,571 | 33,988 | 16,583 | 31.6 | 0% |
| 2022 | 43,796 | 83,671 | −39,875 | 7.1 | 0% |
| 2023 | 82,617 | 56,777 | 25,840 | 15.9 | 0% |
| 2024 | 109,589 | 91,086 | 18,503 | 12.4 | 0% |
In its most recent public year (2024), this organization brought in $18,503 more than it spent. Its reserves stood at about 12.4 months of spending, up from 3.8 in 2011. Staff pay was 0% of spending.
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 2024. 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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