Michigan School Vocal Music Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 747,423 | 675,367 | 72,056 | 10.0 | 10% |
| 2012 | 769,814 | 727,150 | 42,664 | 10.0 | 13% |
| 2013 | 713,420 | 743,334 | −29,914 | 9.6 | 15% |
| 2014 | 727,730 | 669,015 | 58,715 | 12.2 | 17% |
| 2015 | 713,242 | 690,925 | 22,317 | 11.9 | 16% |
| 2016 | 740,566 | 739,318 | 1,248 | 11.0 | 21% |
| 2017 | 806,181 | 724,888 | 81,293 | 13.0 | 22% |
| 2018 | 870,068 | 789,881 | 80,187 | 13.2 | 23% |
| 2019 | 783,038 | 767,628 | 15,410 | 13.3 | 22% |
| 2020 | 670,184 | 611,185 | 58,999 | 17.4 | 28% |
| 2021 | 277,287 | 367,847 | −90,560 | 30.6 | 43% |
| 2022 | 538,909 | 582,805 | −43,896 | 16.9 | 29% |
| 2023 | 691,719 | 736,136 | −44,417 | 12.8 | 23% |
| 2024 | 720,435 | 765,449 | −45,014 | 12.9 | 22% |
In its most recent public year (2024), this organization spent $45,014 more than it brought in. Its reserves stood at about 12.9 months of spending, up from 10 in 2011. Staff pay was 22% of spending. $36,748 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 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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