Music Connections Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 154,063 | 144,707 | 9,356 | 1.1 | — |
| 2012 | 173,884 | 155,475 | 18,409 | 2.5 | — |
| 2013 | 151,577 | 166,232 | −14,655 | 1.3 | — |
| 2014 | 158,428 | 153,514 | 4,914 | 1.8 | — |
| 2015 | 158,454 | 154,933 | 3,521 | 2.0 | — |
| 2016 | 148,291 | 161,985 | −13,694 | 0.9 | — |
| 2017 | 159,509 | 159,273 | 236 | 0.9 | — |
| 2018 | 162,558 | 168,357 | −5,799 | 0.5 | — |
| 2019 | 218,207 | 201,239 | 16,968 | 1.4 | 26% |
| 2020 | 170,729 | 183,749 | −13,020 | 0.7 | — |
| 2021 | 198,160 | 191,988 | 6,172 | 1.1 | — |
| 2022 | 0 | 0 | 0 | — | — |
| 2023 | 356,259 | 394,212 | −37,953 | 0.6 | 21% |
In its most recent public year (2023), this organization spent $37,953 more than it brought in. Its reserves stood at about 0.6 months of spending. Staff pay was 21% 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
Music Connections Foundation 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