Elemental Music
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 63,846 | 65,767 | −1,921 | 1.6 | 44% |
| 2012 | 74,244 | 61,142 | 13,102 | 4.2 | 39% |
| 2013 | 94,952 | 83,958 | 10,994 | 4.7 | 29% |
| 2014 | 168,541 | 133,249 | 35,292 | 6.2 | 20% |
| 2015 | 177,854 | 184,199 | −6,345 | 4.1 | 24% |
| 2016 | 261,624 | 254,060 | 7,564 | 3.3 | 38% |
| 2017 | 343,128 | 340,757 | 2,371 | 2.6 | 16% |
| 2018 | 452,363 | 433,165 | 19,198 | 2.6 | 46% |
| 2020 | 572,199 | 454,804 | 117,395 | 6.0 | 23% |
| 2021 | 475,489 | 502,148 | −26,659 | 4.8 | 20% |
| 2022 | 702,190 | 674,821 | 27,369 | 4.1 | 33% |
| 2023 | 1,160,495 | 1,020,755 | 139,740 | 4.3 | 16% |
In its most recent public year (2023), this organization brought in $139,740 more than it spent. Its reserves stood at about 4.3 months of spending, up from 1.6 in 2011. Staff pay was 16% 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
Elemental Music'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