Sol-La Music Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 236,429 | 210,084 | 26,345 | 4.4 | 34% |
| 2012 | 263,513 | 284,501 | −20,988 | 2.3 | 14% |
| 2013 | 392,315 | 437,902 | −45,587 | 1.5 | 28% |
| 2014 | 559,082 | 507,690 | 51,392 | 2.5 | 27% |
| 2015 | 418,533 | 409,748 | 8,785 | 3.3 | 18% |
| 2016 | 464,493 | 448,829 | 15,664 | 3.5 | 29% |
| 2017 | 444,337 | 441,664 | 2,673 | 3.6 | 33% |
| 2018 | 521,025 | 520,990 | 35 | 3.0 | 30% |
| 2019 | 502,219 | 435,251 | 66,968 | 5.5 | 18% |
| 2020 | 434,717 | 398,820 | 35,897 | 7.1 | 41% |
| 2021 | 392,702 | 340,494 | 52,208 | 10.1 | 66% |
| 2022 | 348,971 | 367,107 | −18,136 | 8.8 | 58% |
| 2023 | 475,374 | 422,429 | 52,945 | 9.1 | 60% |
In its most recent public year (2023), this organization brought in $52,945 more than it spent. Its reserves stood at about 9.1 months of spending, up from 4.4 in 2011. Staff pay was 60% 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
Sol-La Music Academy'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