Heritage Military Music Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 57,121 | 49,168 | 7,953 | 188.4 | 0% |
| 2021 | 36,681 | 50,005 | −13,324 | 182.0 | 0% |
| 2022 | 89,795 | 60,022 | 29,773 | 157.6 | 0% |
| 2023 | 109,716 | 77,182 | 32,534 | 127.7 | 0% |
In its most recent public year (2023), this organization brought in $32,534 more than it spent. Its reserves stood at about 127.7 months of spending, down from 188.4 in 2020. Staff pay was 0% of spending. $145,016 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 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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