Serrano Instrumental Music Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 42,390 | 42,289 | 101 | 0.9 | — |
| 2014 | 29,891 | 29,368 | 523 | 1.6 | — |
| 2023 | 103,519 | 94,692 | 8,827 | 1.7 | — |
| 2024 | 83,891 | 71,435 | 12,456 | 4.2 | — |
In its most recent public year (2024), this organization brought in $12,456 more than it spent. Its reserves stood at about 4.2 months of spending, up from 0.9 in 2013.
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 2024. 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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