Petoskey Music Boosters
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 50,740 | 49,971 | 769 | 3.7 | — |
| 2013 | 69,125 | 61,999 | 7,126 | 4.4 | — |
| 2014 | 93,910 | 68,267 | 25,643 | 8.5 | — |
| 2015 | 284,479 | 114,931 | 169,548 | 22.7 | 0% |
| 2016 | 124,571 | 275,518 | −150,947 | 2.9 | — |
| 2017 | 118,097 | 135,951 | −17,854 | 4.3 | — |
| 2018 | 128,500 | 76,768 | 51,732 | 15.8 | — |
| 2019 | 63,780 | 116,548 | −52,768 | 4.9 | — |
| 2020 | 47,747 | 65,987 | −18,240 | 5.4 | — |
| 2021 | 108,734 | 63,081 | 45,653 | 14.3 | — |
| 2022 | 66,334 | 75,707 | −9,373 | 10.5 | — |
| 2023 | 72,678 | 60,156 | 12,522 | 15.7 | — |
In its most recent public year (2023), this organization brought in $12,522 more than it spent. Its reserves stood at about 15.7 months of spending, up from 3.7 in 2012.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works