Illinois Music Educators Assn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 801,124 | 763,871 | 37,253 | 7.0 | 12% |
| 2013 | 788,809 | 762,338 | 26,471 | 7.4 | 13% |
| 2014 | 847,932 | 805,528 | 42,404 | 7.8 | 14% |
| 2015 | 898,107 | 857,058 | 41,049 | 7.9 | 15% |
| 2016 | 963,990 | 930,340 | 33,650 | 7.7 | 16% |
| 2017 | 1,046,168 | 961,590 | 84,578 | 8.5 | 16% |
| 2018 | 1,091,634 | 1,063,885 | 27,749 | 8.0 | 20% |
| 2019 | 1,165,284 | 1,102,239 | 63,045 | 8.4 | 21% |
| 2020 | 1,134,828 | 1,140,864 | −6,036 | 7.6 | 19% |
| 2021 | 628,655 | 501,546 | 127,109 | 20.2 | 38% |
| 2022 | 891,546 | 1,114,954 | −223,408 | 6.7 | 21% |
| 2023 | 1,178,782 | 1,232,748 | −53,966 | 5.2 | 25% |
| 2024 | 1,533,785 | 1,320,336 | 213,449 | 6.8 | 26% |
In its most recent public year (2024), this organization brought in $213,449 more than it spent. Its reserves stood at about 6.8 months of spending. Staff pay was 26% of spending.
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
Illinois Music Educators Assn's IRS filings as a feed — one entry per filing year, through 2024. 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