New Sounds Music Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 74,395 | 58,638 | 15,757 | 13.9 | — |
| 2012 | 176,316 | 135,072 | 41,244 | 9.7 | — |
| 2013 | 114,174 | 100,000 | 14,174 | 14.8 | 0% |
| 2014 | 57,947 | 60,000 | −2,053 | 24.3 | 0% |
| 2015 | 1,039 | 0 | 1,039 | — | — |
| 2016 | 7,712 | 0 | 7,712 | — | — |
| 2017 | 4,640 | 4,000 | 640 | 392.5 | 0% |
| 2018 | 33,087 | 26,000 | 7,087 | 63.7 | 0% |
| 2019 | 13,743 | 0 | 13,743 | — | — |
| 2020 | 19,319 | 0 | 19,319 | — | — |
| 2021 | 99,820 | 0 | 99,820 | — | — |
| 2022 | 19,111 | 0 | 19,111 | — | — |
| 2023 | 19,175 | 100,000 | −80,825 | 25.1 | 0% |
In its most recent public year (2023), this organization spent $80,825 more than it brought in. Its reserves stood at about 25.1 months of spending, up from 13.9 in 2011. Staff pay was 0% 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 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
New Sounds Music Incorporated's IRS filings as a feed — one entry per filing year, through 2023. 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