National Association Of Music Merchants Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 27,186,802 | 21,428,381 | 5,758,421 | 25.1 | 35% |
| 2021 | 10,387,910 | 13,215,293 | −2,827,383 | 38.1 | 54% |
| 2022 | 7,155,207 | 18,308,554 | −11,153,347 | 20.2 | 38% |
| 2023 | 16,842,924 | 17,462,547 | −619,623 | 20.7 | 40% |
In its most recent public year (2023), this organization spent $619,623 more than it brought in. Its reserves stood at about 20.7 months of spending, down from 25.1 in 2020. Staff pay was 40% 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 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
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