Minnesota Guitar Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 78,914 | 74,697 | 4,217 | 3.8 | — |
| 2012 | 55,587 | 62,951 | −7,364 | 3.1 | — |
| 2013 | 76,838 | 59,088 | 17,750 | 6.9 | — |
| 2014 | 54,413 | 64,075 | −9,662 | 4.5 | — |
| 2015 | 52,909 | 56,039 | −3,130 | 4.5 | — |
| 2016 | 48,581 | 51,924 | −3,343 | 4.1 | — |
| 2017 | 50,927 | 49,544 | 1,383 | 4.6 | — |
| 2018 | 40,288 | 49,645 | −9,357 | 2.4 | — |
| 2019 | 69,082 | 68,907 | 175 | 1.7 | — |
| 2020 | 92,314 | 61,339 | 30,975 | 8.0 | — |
| 2021 | 52,867 | 77,394 | −24,527 | 2.6 | — |
| 2022 | 117,987 | 69,711 | 48,276 | 11.1 | — |
| 2023 | 92,471 | 72,122 | 20,349 | 23.1 | — |
In its most recent public year (2023), this organization brought in $20,349 more than it spent. Its reserves stood at about 23.1 months of spending, up from 3.8 in 2011.
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
Minnesota Guitar Society's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works