Mt Carmel High School Music Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 244,204 | 230,336 | 13,868 | 4.9 | 0% |
| 2012 | 244,236 | 215,635 | 28,601 | 6.9 | 0% |
| 2013 | 0 | 216,185 | −216,185 | 6.0 | 0% |
| 2014 | 0 | 166,476 | −166,476 | 7.1 | 0% |
| 2015 | 0 | 226,961 | −226,961 | 5.7 | 0% |
| 2016 | 529,463 | 499,923 | 29,540 | 3.3 | 0% |
| 2017 | 285,159 | 288,089 | −2,930 | 5.6 | 0% |
| 2018 | 550,110 | 561,593 | −11,483 | 2.6 | 0% |
| 2019 | 413,066 | 376,713 | 36,353 | 5.1 | 0% |
| 2020 | 320,913 | 370,731 | −49,818 | 3.5 | 0% |
| 2021 | 82,790 | 85,021 | −2,231 | 15.1 | 0% |
| 2022 | 287,169 | 215,873 | 71,296 | 9.9 | 0% |
| 2023 | 280,219 | 312,216 | −31,997 | 7.6 | 0% |
| 2024 | 257,641 | 298,405 | −40,764 | 6.3 | 0% |
In its most recent public year (2024), this organization spent $40,764 more than it brought in. Its reserves stood at about 6.3 months of spending, up from 4.9 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
Mt Carmel High School Music Foundation's IRS filings as a feed — one entry per filing year, through 2024. 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