Songs For Sound Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 87,464 | 30,452 | 57,012 | 22.5 | — |
| 2012 | 120,604 | 121,581 | −977 | 0.9 | 31% |
| 2013 | 215,166 | 230,463 | −15,297 | -0.3 | 27% |
| 2014 | 176,676 | 186,475 | −9,799 | -1.1 | 30% |
| 2015 | 431,105 | 413,991 | 17,114 | -0.1 | 13% |
| 2016 | 589,107 | 511,985 | 77,122 | 1.8 | 14% |
| 2017 | 449,697 | 468,250 | −18,553 | 1.5 | 16% |
| 2018 | 418,328 | 442,882 | −24,554 | 0.4 | 23% |
| 2019 | 469,334 | 546,292 | −76,958 | -1.5 | 28% |
| 2020 | 173,968 | 329,145 | −155,177 | -6.7 | 38% |
| 2021 | 317,130 | 428,510 | −111,380 | -7.9 | 24% |
| 2022 | 178,159 | 227,695 | −49,536 | -17.6 | 47% |
In its most recent public year (2022), this organization spent $49,536 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-17.6 months), down from 22.5 in 2011. Staff pay was 47% 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 2022. 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
Songs For Sound Inc's IRS filings as a feed — one entry per filing year, through 2022. 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