I V C Band Boosters
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 104,159 | 90,661 | 13,498 | 7.7 | — |
| 2021 | 31,479 | 29,759 | 1,720 | 24.1 | — |
| 2022 | 85,239 | 87,850 | −2,611 | 7.8 | — |
| 2023 | 100,944 | 81,819 | 19,125 | 11.2 | — |
| 2024 | 128,018 | 106,463 | 21,555 | 11.0 | — |
In its most recent public year (2024), this organization brought in $21,555 more than it spent. Its reserves stood at about 11 months of spending, up from 7.7 in 2020.
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 2024. 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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