Music Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 205,542 | 225,819 | −20,277 | 5.5 | 51% |
| 2012 | 221,013 | 255,136 | −34,123 | 3.5 | 49% |
| 2013 | 218,011 | 234,212 | −16,201 | 3.3 | 56% |
| 2014 | 213,310 | 216,970 | −3,660 | 3.5 | 66% |
| 2015 | 185,804 | 200,100 | −14,296 | 2.5 | 66% |
| 2016 | 175,903 | 182,788 | −6,885 | 2.0 | 65% |
| 2017 | 90,053 | 125,311 | −35,258 | -0.5 | 56% |
| 2018 | 248,563 | 237,740 | 10,823 | 0.3 | 74% |
| 2019 | 257,518 | 256,368 | 1,150 | 0.3 | 74% |
| 2020 | 300,196 | 264,001 | 36,195 | 1.9 | 76% |
| 2022 | 265,688 | 289,458 | −23,770 | 3.4 | 62% |
| 2023 | 278,717 | 316,535 | −37,818 | 3.2 | 68% |
| 2024 | 242,962 | 262,677 | −19,715 | 2.9 | 66% |
In its most recent public year (2024), this organization spent $19,715 more than it brought in. Its reserves stood at about 2.9 months of spending, down from 5.5 in 2011. Staff pay was 66% 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
Music Academy'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