Friends Of Music Concerts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 104,585 | 10,769 | 93,816 | 475.2 | 0% |
| 2022 | 156,956 | 127,043 | 29,913 | 43.1 | 0% |
| 2023 | 112,488 | 148,680 | −36,192 | 33.9 | 0% |
| 2024 | 215,242 | 212,800 | 2,442 | 23.8 | 0% |
In its most recent public year (2024), this organization brought in $2,442 more than it spent. Its reserves stood at about 23.8 months of spending, down from 475.2 in 2021. 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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