Rhode Island Music Educators Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 140,210 | 147,598 | −7,388 | 6.1 | — |
| 2012 | 141,862 | 125,392 | 16,470 | 8.7 | — |
| 2013 | 144,130 | 147,722 | −3,592 | 7.1 | — |
| 2014 | 162,398 | 149,964 | 12,434 | 8.0 | — |
| 2015 | 885,585 | 821,633 | 63,952 | 2.1 | 3% |
| 2016 | 164,709 | 158,074 | 6,635 | 11.8 | 8% |
| 2017 | 172,350 | 165,520 | 6,830 | 11.8 | 11% |
| 2018 | 157,454 | 193,993 | −36,539 | 7.0 | 9% |
| 2019 | 169,674 | 166,646 | 3,028 | 8.4 | 12% |
| 2020 | 124,678 | 120,464 | 4,214 | 12.0 | 17% |
| 2021 | 128,782 | 64,517 | 64,265 | 0.0 | 40% |
| 2022 | 141,553 | 144,272 | −2,719 | 9.3 | — |
| 2023 | 130,952 | 141,962 | −11,010 | 14.7 | — |
In its most recent public year (2023), this organization spent $11,010 more than it brought in. Its reserves stood at about 14.7 months of spending, up from 6.1 in 2011.
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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