Minnesota Music Coalition
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 194,247 | 121,185 | 73,062 | 9.9 | — |
| 2013 | 67,635 | 105,765 | −38,130 | 6.0 | — |
| 2014 | 82,831 | 101,174 | −18,343 | 4.1 | — |
| 2015 | 109,732 | 110,080 | −348 | 3.7 | — |
| 2017 | 237,170 | 204,611 | 32,559 | 4.5 | 34% |
| 2018 | 135,785 | 229,243 | −93,458 | -0.9 | 34% |
| 2019 | 171,604 | 140,030 | 31,574 | 1.2 | 52% |
| 2020 | 146,609 | 143,047 | 3,562 | 2.2 | — |
| 2021 | 167,726 | 158,510 | 9,216 | 2.7 | — |
| 2022 | 280,566 | 278,098 | 2,468 | 1.6 | 33% |
| 2023 | 247,574 | 252,693 | −5,119 | 1.5 | 42% |
| 2024 | 32,463 | 55,875 | −23,412 | 2.0 | — |
In its most recent public year (2024), this organization spent $23,412 more than it brought in. Its reserves stood at about 2 months of spending, down from 9.9 in 2012.
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
Minnesota Music Coalition's IRS filings as a feed — one entry per filing year, through 2024. 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