Michigan Music Education Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 19,191 | 28,801 | −9,610 | 15.4 | — |
| 2012 | 30,714 | 27,596 | 3,118 | 17.4 | — |
| 2013 | 27,521 | 37,500 | −9,979 | 9.6 | — |
| 2014 | 43,550 | 38,505 | 5,045 | 11.0 | — |
| 2015 | 56,899 | 53,298 | 3,601 | 8.7 | — |
| 2016 | 67,166 | 60,566 | 6,600 | 9.0 | — |
| 2017 | 77,806 | 72,104 | 5,702 | 8.5 | — |
| 2018 | 66,714 | 71,875 | −5,161 | 7.7 | — |
| 2019 | 77,208 | 79,042 | −1,834 | 6.7 | — |
| 2021 | 13,610 | 13,002 | 608 | 76.2 | — |
| 2022 | 22,110 | 10,705 | 11,405 | 105.4 | — |
| 2023 | 32,553 | 25,589 | 6,964 | 47.4 | — |
In its most recent public year (2023), this organization brought in $6,964 more than it spent. Its reserves stood at about 47.4 months of spending, up from 15.4 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
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