Friends Of Agawam Music Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 17,283 | 16,130 | 1,153 | 10.7 | — |
| 2018 | 81,968 | 72,496 | 9,472 | 3.9 | — |
| 2019 | 30,425 | 30,270 | 155 | 9.5 | — |
| 2020 | 43,106 | 31,673 | 11,433 | 13.4 | — |
| 2021 | 3,157 | 15,437 | −12,280 | 18.0 | — |
| 2022 | 35,965 | 26,339 | 9,626 | 14.9 | — |
| 2023 | 24,771 | 32,172 | −7,401 | 9.5 | — |
In its most recent public year (2023), this organization spent $7,401 more than it brought in. Its reserves stood at about 9.5 months of spending, down from 10.7 in 2017.
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 2023. 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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