Operating record

Jack Music Inc

New York, NY · EIN 26-3153404 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$611,898$475,396$136,5027.358%
2021$767,436$610,766$156,6708.861%
2022$576,042$688,565−$112,5235.858%
2023$672,166$706,236−$34,0705.157%

In its most recent public year (2023), this organization spent $34,070 more than it brought in. Its reserves stood at about 5.1 months of spending, down from 7.3 in 2020. Staff pay was 57% 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 ↗