New Jersey Jazz Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 52,921 | 56,005 | −3,084 | 12.2 | — |
| 2021 | 59,552 | 47,543 | 12,009 | 17.4 | — |
| 2022 | 59,669 | 50,313 | 9,356 | 18.7 | — |
| 2023 | 42,587 | 52,021 | −9,434 | 15.9 | — |
In its most recent public year (2023), this organization spent $9,434 more than it brought in. Its reserves stood at about 15.9 months of spending, up from 12.2 in 2020.
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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