Afro-American Music Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 161,514 | 204,796 | −43,282 | 6.9 | — |
| 2011 | 240,273 | 261,030 | −20,757 | 4.5 | 19% |
| 2012 | 207,446 | 194,709 | 12,737 | 6.8 | 19% |
| 2013 | 286,329 | 342,711 | −56,382 | 2.5 | 38% |
| 2014 | 241,708 | 298,991 | −57,283 | 0.1 | 35% |
| 2015 | 291,959 | 290,552 | 1,407 | 0.1 | 35% |
| 2016 | 409,468 | 267,623 | 141,845 | 6.5 | 44% |
| 2017 | 140,006 | 294,895 | −154,889 | -0.4 | 32% |
| 2018 | 293,518 | 253,016 | 40,502 | 1.4 | 38% |
| 2019 | 153,127 | 271,699 | −118,572 | -3.9 | 38% |
| 2020 | 336,044 | 204,097 | 131,947 | 2.6 | 26% |
| 2021 | 261,015 | 223,647 | 37,368 | 4.4 | 33% |
| 2022 | 1,062,443 | 330,054 | 732,389 | 29.6 | 25% |
In its most recent public year (2022), this organization brought in $732,389 more than it spent. Its reserves stood at about 29.6 months of spending, up from 6.9 in 2010. Staff pay was 25% of spending. $294,000 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 2022. 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
Afro-American Music Institute Inc's IRS filings as a feed — one entry per filing year, through 2022. 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