Virginia Federation Of Music Clubs
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 106,917 | 73,090 | 33,827 | 18.3 | — |
| 2013 | 73,686 | 74,743 | −1,057 | 18.5 | — |
| 2014 | 77,099 | 73,153 | 3,946 | 19.6 | — |
| 2015 | 71,387 | 83,607 | −12,220 | 15.4 | — |
| 2016 | 71,306 | 74,152 | −2,846 | 16.9 | — |
| 2017 | 78,906 | 75,796 | 3,110 | 17.1 | — |
| 2018 | 72,684 | 99,909 | −27,225 | 9.7 | — |
| 2019 | 74,586 | 75,768 | −1,182 | 12.6 | — |
| 2020 | 69,447 | 51,403 | 18,044 | 22.7 | — |
| 2021 | 53,516 | 70,461 | −16,945 | 13.7 | — |
| 2022 | 52,610 | 56,097 | −3,487 | 16.5 | — |
| 2023 | 64,891 | 59,030 | 5,861 | 16.8 | — |
| 2024 | 64,240 | 58,974 | 5,266 | 17.9 | — |
In its most recent public year (2024), this organization brought in $5,266 more than it spent. Its reserves stood at about 17.9 months 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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