Music In Common Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 37,031 | 34,061 | 2,970 | 4.3 | — |
| 2012 | 78,157 | 53,854 | 24,303 | 8.1 | — |
| 2013 | 97,094 | 80,552 | 16,542 | 7.9 | — |
| 2014 | 104,427 | 162,456 | −58,029 | -0.4 | — |
| 2015 | 92,029 | 85,308 | 6,721 | 0.2 | — |
| 2016 | 92,617 | 76,717 | 15,900 | 2.7 | — |
| 2017 | 135,167 | 96,854 | 38,313 | 6.9 | — |
| 2018 | 125,525 | 147,155 | −21,630 | 2.8 | — |
| 2019 | 131,826 | 151,404 | −19,578 | 1.2 | — |
| 2020 | 72,164 | 84,990 | −12,826 | 0.3 | — |
| 2021 | 137,855 | 129,940 | 7,915 | 0.9 | — |
| 2022 | 298,996 | 335,903 | −36,907 | -1.0 | 45% |
| 2023 | 609,711 | 582,180 | 27,531 | 0.0 | 38% |
In its most recent public year (2023), this organization brought in $27,531 more than it spent. Its reserves stood at about 0 months of spending, down from 4.3 in 2011. Staff pay was 38% 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
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