Church Music Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 185,953 | 144,983 | 40,970 | 19.5 | 47% |
| 2012 | 183,786 | 136,358 | 47,428 | 26.3 | 44% |
| 2013 | 176,430 | 165,919 | 10,511 | 24.3 | 47% |
| 2014 | 204,912 | 159,187 | 45,725 | 29.1 | 62% |
| 2015 | 204,452 | 171,709 | 32,743 | 28.3 | 57% |
| 2016 | 209,265 | 232,519 | −23,254 | 19.9 | 48% |
| 2017 | 255,582 | 243,328 | 12,254 | 21.5 | 49% |
| 2018 | 454,311 | 357,328 | 96,983 | 17.0 | 40% |
| 2019 | 628,543 | 384,270 | 244,273 | 25.1 | 44% |
| 2020 | 399,149 | 240,805 | 158,344 | 50.7 | 45% |
| 2021 | 502,332 | 250,997 | 251,335 | 66.3 | 49% |
| 2022 | 496,988 | 301,933 | 195,055 | 57.1 | 58% |
| 2023 | 448,947 | 241,645 | 207,302 | 87.5 | 48% |
In its most recent public year (2023), this organization brought in $207,302 more than it spent. Its reserves stood at about 87.5 months of spending, up from 19.5 in 2011. Staff pay was 48% 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
Church Music Institute'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