Operating record

Music City Youth In The Arts Inc

Nashville, TN · EIN 26-3258158 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2018$669,808$573,066$96,7422.98%
2020$169,405$195,542−$26,1375.532%
2021$374,654$419,459−$44,8051.314%
2022$859,880$996,306−$136,426-1.18%
2023$1,065,198$1,011,202$53,996-0.510%

In its most recent public year (2023), this organization brought in $53,996 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.5 months), down from 2.9 in 2018. Staff pay was 10% 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 ↗