Minnesota Bluegrass And Old Time Music Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 351,872 | 350,408 | 1,464 | 2.2 | 10% |
| 2012 | 353,930 | 347,556 | 6,374 | 2.5 | 0% |
| 2013 | 377,359 | 358,846 | 18,513 | 3.0 | 0% |
| 2014 | 349,877 | 375,221 | −25,344 | 2.1 | 10% |
| 2015 | 383,553 | 356,330 | 27,223 | 3.1 | 11% |
| 2016 | 315,981 | 342,323 | −26,342 | 2.3 | 14% |
| 2017 | 346,368 | 327,171 | 19,197 | 3.1 | 15% |
| 2018 | 118,324 | 369,096 | −250,772 | 3.5 | 0% |
| 2019 | 281,826 | 358,878 | −77,052 | 4.3 | 0% |
| 2020 | 149,730 | 147,790 | 1,940 | 10.7 | 0% |
| 2021 | 408,107 | 257,225 | 150,882 | 13.1 | 0% |
| 2022 | 378,486 | 339,057 | 39,429 | 11.3 | 0% |
| 2023 | 305,590 | 301,065 | 4,525 | 13.0 | 0% |
In its most recent public year (2023), this organization brought in $4,525 more than it spent. Its reserves stood at about 13 months of spending, up from 2.2 in 2011. Staff pay was 0% of spending. $59,040 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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