Music Composition Online Mentoring Program Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 110,891 | 77,293 | 33,598 | 5.7 | — |
| 2022 | 79,576 | 104,622 | −25,046 | 1.4 | — |
| 2023 | 75,303 | 89,998 | −14,695 | -0.4 | — |
| 2024 | 107,525 | 115,042 | −7,517 | -1.1 | — |
In its most recent public year (2024), this organization spent $7,517 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.1 months), down from 5.7 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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