Music Room Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 382,187 | 351,461 | 30,726 | 3.4 | 43% |
| 2012 | 443,394 | 395,152 | 48,242 | 4.5 | 41% |
| 2013 | 442,133 | 366,450 | 75,683 | 7.3 | 45% |
| 2014 | 354,464 | 404,496 | −50,032 | 5.2 | 38% |
| 2015 | 472,972 | 433,456 | 39,516 | 5.9 | 34% |
| 2016 | 459,767 | 456,805 | 2,962 | 5.7 | 32% |
| 2017 | 474,849 | 459,007 | 15,842 | 6.1 | 32% |
| 2018 | 472,988 | 481,806 | −8,818 | 5.6 | 32% |
| 2019 | 462,833 | 474,172 | −11,339 | 5.4 | 31% |
| 2020 | 525,828 | 496,132 | 29,696 | 5.8 | 29% |
| 2021 | 331,203 | 388,980 | −57,777 | 5.7 | 38% |
| 2022 | 550,958 | 508,210 | 42,748 | 5.4 | 34% |
| 2023 | 596,790 | 542,572 | 54,218 | 6.2 | 27% |
| 2024 | 644,904 | 651,068 | −6,164 | 5.1 | 25% |
In its most recent public year (2024), this organization spent $6,164 more than it brought in. Its reserves stood at about 5.1 months of spending, up from 3.4 in 2011. Staff pay was 25% 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 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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