Kent Instrumental Music Boosters
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 24,643 | 24,984 | −341 | 13.9 | — |
| 2022 | 35,349 | 33,437 | 1,912 | 11.1 | — |
| 2023 | 84,499 | 98,393 | −13,894 | 2.1 | — |
| 2024 | 106,049 | 111,191 | −5,142 | 1.3 | — |
In its most recent public year (2024), this organization spent $5,142 more than it brought in. Its reserves stood at about 1.3 months of spending, down from 13.9 in 2021.
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
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