Musicworks
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 254,425 | 182,637 | 71,788 | 6.0 | 61% |
| 2012 | 255,566 | 270,253 | −14,687 | 3.4 | 46% |
| 2013 | 253,646 | 287,528 | −33,882 | 1.8 | 43% |
| 2014 | 305,128 | 286,715 | 18,413 | 2.5 | 40% |
| 2015 | 319,383 | 292,154 | 27,229 | 3.6 | 44% |
| 2016 | 361,105 | 323,764 | 37,341 | 4.6 | 43% |
| 2017 | 415,811 | 361,790 | 54,021 | 6.0 | 46% |
| 2018 | 437,243 | 432,185 | 5,058 | 5.1 | 49% |
| 2019 | 547,748 | 483,011 | 64,737 | 6.2 | 48% |
| 2020 | 509,701 | 553,484 | −43,783 | 4.6 | 59% |
| 2021 | 597,556 | 538,591 | 58,965 | 6.0 | 55% |
| 2022 | 1,051,021 | 746,910 | 304,111 | 9.2 | 57% |
| 2023 | 1,128,263 | 869,909 | 258,354 | 11.5 | 61% |
| 2024 | 1,152,069 | 935,678 | 216,391 | 13.5 | 59% |
In its most recent public year (2024), this organization brought in $216,391 more than it spent. Its reserves stood at about 13.5 months of spending, up from 6 in 2011. Staff pay was 59% of spending. $159,345 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 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
Musicworks'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