Mississippi Songwriters Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 35,458 | 32,874 | 2,584 | 4.8 | — |
| 2020 | 4,382 | 6,459 | −2,077 | 20.5 | — |
| 2021 | 48,257 | 35,405 | 12,852 | 8.1 | — |
| 2022 | 73,820 | 56,194 | 17,626 | 13.1 | — |
| 2023 | 84,784 | 76,748 | 8,036 | 10.9 | — |
In its most recent public year (2023), this organization brought in $8,036 more than it spent. Its reserves stood at about 10.9 months of spending, up from 4.8 in 2019.
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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