Midwest Music Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 57,402 | 51,853 | 5,549 | 9.7 | — |
| 2015 | 64,074 | 58,436 | 5,638 | 9.8 | — |
| 2016 | 68,830 | 62,215 | 6,615 | 10.5 | — |
| 2017 | 91,890 | 85,302 | 6,588 | 8.5 | — |
| 2018 | 108,644 | 82,221 | 26,423 | 12.7 | — |
| 2019 | 121,042 | 113,132 | 7,910 | 10.1 | — |
| 2020 | 197,263 | 162,972 | 34,291 | 9.5 | — |
| 2021 | 117,024 | 111,993 | 5,031 | 14.4 | — |
| 2022 | 139,213 | 127,782 | 11,431 | 13.7 | — |
| 2023 | 289,747 | 120,781 | 168,966 | 32.0 | 0% |
In its most recent public year (2023), this organization brought in $168,966 more than it spent. Its reserves stood at about 32 months of spending, up from 9.7 in 2014. Staff pay was 0% of spending. $174,419 of its net assets are donor-restricted.
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
Midwest Music Foundation Inc'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