New School Of Music Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 98,543 | 98,336 | 207 | -5.1 | — |
| 2018 | 91,749 | 87,310 | 4,439 | -5.1 | — |
| 2019 | 48,504 | 73,852 | −25,348 | -10.1 | — |
| 2020 | 70,720 | 89,196 | −18,476 | -10.9 | — |
| 2021 | 74,470 | 89,960 | −15,490 | -12.8 | — |
| 2022 | 88,734 | 84,786 | 3,948 | -13.1 | — |
| 2023 | 123,019 | 144,693 | −21,674 | -9.3 | — |
In its most recent public year (2023), this organization spent $21,674 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-9.3 months), down from -5.1 in 2017.
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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