South Spencer Music Parents
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 33,656 | 28,593 | 5,063 | 12.7 | — |
| 2013 | 37,780 | 42,572 | −4,792 | 7.2 | — |
| 2014 | 75,916 | 74,898 | 1,018 | 4.3 | — |
| 2015 | 69,647 | 72,048 | −2,401 | 4.0 | — |
| 2016 | 57,109 | 54,018 | 3,091 | 6.1 | — |
| 2017 | 48,256 | 49,734 | −1,478 | 6.2 | — |
| 2018 | 50,047 | 47,066 | 2,981 | 7.3 | — |
| 2019 | 47,147 | 51,518 | −4,371 | 5.7 | — |
| 2020 | 37,064 | 29,627 | 7,437 | 12.9 | — |
In its most recent public year (2020), this organization brought in $7,437 more than it spent. Its reserves stood at about 12.9 months 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 2020. 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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