The Musical Arts Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 57,124,107 | 50,144,722 | 6,979,385 | 38.8 | 49% |
| 2012 | 53,223,551 | 51,298,527 | 1,925,024 | 35.4 | 49% |
| 2013 | 64,806,943 | 50,251,033 | 14,555,910 | 42.8 | 50% |
| 2014 | 58,080,075 | 51,303,220 | 6,776,855 | 46.5 | 49% |
| 2015 | 66,032,965 | 53,164,430 | 12,868,535 | 45.2 | 49% |
| 2016 | 49,086,568 | 54,312,581 | −5,226,013 | 39.5 | 49% |
| 2017 | 54,562,417 | 55,320,592 | −758,175 | 43.7 | 50% |
| 2018 | 61,994,445 | 57,048,912 | 4,945,533 | 45.7 | 50% |
| 2019 | 56,781,169 | 57,988,415 | −1,207,246 | 43.8 | 48% |
| 2020 | 54,210,898 | 52,250,064 | 1,960,834 | 44.9 | 52% |
| 2021 | 69,418,564 | 41,880,215 | 27,538,349 | 82.5 | 55% |
| 2022 | 62,138,155 | 57,033,615 | 5,104,540 | 54.1 | 52% |
| 2023 | 76,819,625 | 66,565,856 | 10,253,769 | 52.6 | 48% |
In its most recent public year (2023), this organization brought in $10,253,769 more than it spent. Its reserves stood at about 52.6 months of spending, up from 38.8 in 2011. Staff pay was 48% of spending. $272,581,678 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
The Musical Arts Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works