Illinois Grade School Music Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 19,833 | 18,721 | 1,112 | 5.7 | — |
| 2022 | 39,238 | 40,929 | −1,691 | 2.1 | — |
| 2023 | 51,660 | 46,075 | 5,585 | 3.3 | — |
In its most recent public year (2023), this organization brought in $5,585 more than it spent. Its reserves stood at about 3.3 months of spending, down from 5.7 in 2021.
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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