Ottley Music School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 146,424 | 157,346 | −10,922 | -9.8 | 51% |
| 2012 | 163,946 | 163,245 | 701 | -8.7 | 30% |
| 2013 | 160,860 | 120,314 | 40,546 | -7.5 | 8% |
| 2014 | 141,646 | 119,876 | 21,770 | -3.3 | 3% |
| 2015 | 139,494 | 137,807 | 1,687 | 1.9 | 0% |
| 2016 | 221,296 | 195,571 | 25,725 | -3.0 | 23% |
| 2017 | 207,590 | 226,471 | −18,881 | 1.6 | 29% |
| 2018 | 145,551 | 158,351 | −12,800 | 1.7 | 26% |
| 2019 | 168,430 | 139,417 | 29,013 | 5.6 | 31% |
| 2020 | 115,323 | 148,333 | −33,010 | 2.9 | 33% |
| 2021 | 125,767 | 221,376 | −95,609 | -3.1 | 48% |
| 2022 | 128,729 | 236,063 | −107,334 | -8.3 | 46% |
| 2023 | 131,991 | 154,353 | −22,362 | -15.0 | 33% |
In its most recent public year (2023), this organization spent $22,362 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-15 months), down from -9.8 in 2011. Staff pay was 33% 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 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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