I Love Music Tour Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,137 | 7,137 | 0 | 0.0 | — |
| 2012 | 8,973 | 8,973 | 0 | 0.0 | — |
| 2013 | 19,400 | 19,400 | 0 | 0.0 | — |
| 2014 | 24,000 | 24,000 | 0 | 0.0 | — |
| 2015 | 32,500 | 31,750 | 750 | 0.3 | — |
| 2016 | 166,956 | 166,956 | 0 | 0.1 | — |
| 2017 | 143,904 | 106,358 | 37,546 | 4.3 | — |
| 2018 | 196,767 | 181,347 | 15,420 | 3.6 | — |
| 2019 | 343,025 | 333,898 | 9,127 | 0.3 | 2% |
| 2020 | 407,335 | 465,267 | −57,932 | 0.0 | 25% |
| 2021 | 448,342 | 593,151 | −144,809 | -4.1 | 33% |
| 2022 | 604,942 | 635,322 | −30,380 | -0.6 | 42% |
| 2023 | 570,637 | 694,245 | −123,608 | -2.1 | 46% |
In its most recent public year (2023), this organization spent $123,608 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.1 months), down from 0 in 2011. Staff pay was 46% 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 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
I Love Music Tour Inc's IRS filings as a feed — one entry per filing year, through 2023. 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