Independent Music Collaborative Of Central Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 15,614 | 7,987 | 7,627 | 11.5 | — |
| 2018 | 31,009 | 32,943 | −1,934 | 2.1 | — |
| 2019 | 29,573 | 32,483 | −2,910 | 1.0 | — |
| 2020 | 430 | 1,362 | −932 | 19.9 | — |
| 2021 | 12,525 | 0 | 12,525 | — | — |
| 2022 | 39,763 | 38,059 | 1,704 | 2.8 | — |
In its most recent public year (2022), this organization brought in $1,704 more than it spent. Its reserves stood at about 2.8 months 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
Independent Music Collaborative Of Central Minnesota'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