Old Town School Of Folk Music Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,397,203 | 10,372,834 | 2,024,369 | 20.8 | 58% |
| 2012 | 11,653,601 | 11,317,707 | 335,894 | 19.4 | 54% |
| 2013 | 11,887,643 | 11,382,121 | 505,522 | 19.9 | 55% |
| 2014 | 11,818,330 | 11,599,044 | 219,286 | 19.7 | 55% |
| 2015 | 12,757,811 | 12,167,839 | 589,972 | 19.4 | 56% |
| 2016 | 12,504,334 | 12,484,497 | 19,837 | 18.9 | 57% |
| 2017 | 12,367,626 | 13,103,474 | −735,848 | 17.4 | 57% |
| 2018 | 12,486,697 | 12,961,593 | −474,896 | 17.1 | 59% |
| 2019 | 12,079,577 | 12,359,210 | −279,633 | 17.7 | 57% |
| 2020 | 10,641,260 | 9,504,125 | 1,137,135 | 24.4 | 61% |
| 2021 | 13,585,929 | 10,254,391 | 3,331,538 | 26.7 | 56% |
| 2022 | 14,379,785 | 12,123,604 | 2,256,181 | 24.3 | 52% |
| 2023 | 14,028,278 | 14,030,232 | −1,954 | 21.3 | 51% |
In its most recent public year (2023), this organization spent $1,954 more than it brought in. Its reserves stood at about 21.3 months of spending. Staff pay was 51% of spending. $2,564,122 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
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