American Piano Awards Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,540,309 | 1,111,063 | 429,246 | 117.3 | 59% |
| 2021 | 1,708,505 | 1,495,829 | 212,676 | 103.9 | 45% |
| 2022 | 1,689,195 | 1,073,253 | 615,942 | 139.1 | 60% |
| 2023 | 863,871 | 1,679,723 | −815,852 | 86.6 | 41% |
In its most recent public year (2023), this organization spent $815,852 more than it brought in. Its reserves stood at about 86.6 months of spending, down from 117.3 in 2020. Staff pay was 41% of spending. $10,111,742 of its net assets are donor-restricted.
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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