Semper Music Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 299,880 | 299,525 | 355 | 0.0 | 0% |
| 2012 | 285,455 | 285,453 | 2 | 0.0 | 0% |
| 2013 | 324,627 | 319,749 | 4,878 | 0.2 | 0% |
| 2014 | 275,399 | 275,586 | −187 | 0.2 | 0% |
| 2015 | 357,596 | 344,325 | 13,271 | 0.6 | 0% |
| 2016 | 375,500 | 374,626 | 874 | 0.6 | 0% |
| 2017 | 225,045 | 238,980 | −13,935 | 0.3 | 0% |
| 2018 | 213,919 | 209,525 | 4,394 | 0.6 | 0% |
| 2019 | 291 | 39,094 | −38,803 | -8.9 | — |
| 2020 | 0 | 1,547 | −1,547 | -238.1 | — |
In its most recent public year (2020), this organization spent $1,547 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-238.1 months), down from 0 in 2011.
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 2020. 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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