Roots Of Music Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 508,120 | 434,877 | 73,243 | 5.0 | 0% |
| 2011 | 440,590 | 499,024 | −58,434 | 2.6 | 0% |
| 2012 | 783,527 | 733,303 | 50,224 | 2.1 | 41% |
| 2013 | 531,194 | 590,672 | −59,478 | 1.3 | 50% |
| 2014 | 504,447 | 477,130 | 27,317 | 2.4 | 56% |
| 2015 | 588,087 | 467,670 | 120,417 | 6.4 | 57% |
| 2016 | 634,388 | 634,781 | −393 | 4.7 | 50% |
| 2017 | 803,031 | 756,605 | 46,426 | 4.7 | 14% |
| 2018 | 839,587 | 841,757 | −2,170 | 4.2 | 43% |
| 2019 | 635,846 | 803,394 | −167,548 | 1.9 | 41% |
| 2020 | 1,089,758 | 726,366 | 363,392 | 8.1 | 63% |
| 2021 | 932,201 | 836,374 | 95,827 | 8.4 | 59% |
| 2022 | 1,099,750 | 1,106,882 | −7,132 | 6.4 | 44% |
In its most recent public year (2022), this organization spent $7,132 more than it brought in. Its reserves stood at about 6.4 months of spending, up from 5 in 2010. Staff pay was 44% of spending. $215,289 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
Roots Of Music 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