Music For Seniors
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 254,532 | 212,053 | 42,479 | 5.3 | 50% |
| 2022 | 524,300 | 392,101 | 132,199 | 6.9 | 29% |
| 2023 | 487,280 | 563,655 | −76,375 | 3.2 | 36% |
| 2024 | 611,496 | 638,894 | −27,398 | 2.3 | 35% |
In its most recent public year (2024), this organization spent $27,398 more than it brought in. Its reserves stood at about 2.3 months of spending, down from 5.3 in 2021. Staff pay was 35% of spending. $49,350 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 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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