Wisconsin School Music Association Inc Wsma
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,689,607 | 1,702,815 | −13,208 | 8.1 | 41% |
| 2021 | 1,401,958 | 1,340,174 | 61,784 | 10.8 | 50% |
| 2022 | 1,567,369 | 1,797,793 | −230,424 | 6.5 | 33% |
| 2023 | 1,793,785 | 1,909,928 | −116,143 | 5.4 | 33% |
In its most recent public year (2023), this organization spent $116,143 more than it brought in. Its reserves stood at about 5.4 months of spending, down from 8.1 in 2020. Staff pay was 33% 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
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