Edison Music Boosters
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 19,247 | 22,577 | −3,330 | 54.7 | 0% |
| 2021 | 10,423 | 15,786 | −5,363 | 74.2 | 0% |
| 2022 | 65,424 | 13,634 | 51,790 | 131.5 | 0% |
| 2023 | 7,657 | 16,308 | −8,651 | 48.9 | 0% |
In its most recent public year (2023), this organization spent $8,651 more than it brought in. Its reserves stood at about 48.9 months of spending, down from 54.7 in 2020. Staff pay was 0% of spending. $24,446 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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