Music Boosters Of Richmond
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 72,037 | 71,982 | 55 | 6.6 | — |
| 2011 | 56,937 | 71,182 | −14,245 | 4.2 | — |
| 2012 | 18,946 | 86,203 | −67,257 | 6.0 | — |
| 2013 | 143,073 | 126,719 | 16,354 | 5.6 | — |
| 2014 | 104,535 | 118,291 | −13,756 | 4.6 | — |
| 2015 | 107,925 | 107,342 | 583 | 5.1 | — |
| 2016 | 76,110 | 85,815 | −9,705 | 5.0 | — |
| 2017 | 30,904 | 43,614 | −12,710 | 6.3 | — |
| 2018 | 49,638 | 55,406 | −5,768 | 3.7 | — |
| 2019 | 50,867 | 55,584 | −4,717 | 2.9 | — |
| 2020 | 18,109 | 20,160 | −2,051 | 6.8 | — |
In its most recent public year (2020), this organization spent $2,051 more than it brought in. Its reserves stood at about 6.8 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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