Kings Music Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 193,385 | 200,553 | −7,168 | 3.9 | 0% |
| 2012 | 203,555 | 147,241 | 56,314 | 9.9 | 0% |
| 2013 | 157,461 | 192,195 | −34,734 | 5.4 | 0% |
| 2014 | 151,006 | 150,043 | 963 | 7.0 | 0% |
| 2015 | 112,883 | 106,143 | 6,740 | 10.7 | 0% |
| 2016 | 157,711 | 159,294 | −1,583 | 7.0 | 0% |
| 2017 | 142,140 | 143,772 | −1,632 | 7.6 | 0% |
| 2018 | 163,945 | 154,841 | 9,104 | 7.8 | 0% |
| 2019 | 162,681 | 157,514 | 5,167 | 8.0 | 0% |
| 2020 | 150,540 | 174,895 | −24,355 | 5.2 | — |
| 2021 | 117,580 | 70,244 | 47,336 | 21.0 | — |
| 2022 | 165,492 | 158,348 | 7,144 | 9.9 | — |
| 2023 | 171,970 | 156,633 | 15,337 | 11.1 | — |
In its most recent public year (2023), this organization brought in $15,337 more than it spent. Its reserves stood at about 11.1 months of spending, up from 3.9 in 2011.
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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