Laurel School Of Music
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 549,242 | 456,686 | 92,556 | 6.6 | 55% |
| 2012 | 386,276 | 475,737 | −89,461 | 4.1 | 49% |
| 2013 | 447,720 | 454,363 | −6,643 | 4.1 | 56% |
| 2014 | 463,748 | 462,197 | 1,551 | 4.1 | 55% |
| 2015 | 478,702 | 465,373 | 13,329 | 4.4 | 56% |
| 2016 | 478,562 | 482,627 | −4,065 | 4.2 | 55% |
| 2017 | 410,284 | 449,448 | −39,164 | 3.4 | 54% |
| 2018 | 708,998 | 529,132 | 179,866 | 7.0 | 50% |
| 2019 | 582,721 | 597,593 | −14,872 | 5.9 | 51% |
| 2020 | 646,228 | 703,195 | −56,967 | 4.0 | 48% |
| 2021 | 784,407 | 652,196 | 132,211 | 5.7 | 52% |
| 2022 | 625,706 | 727,792 | −102,086 | 3.4 | 56% |
| 2023 | 671,787 | 845,999 | −174,212 | 0.5 | 59% |
In its most recent public year (2023), this organization spent $174,212 more than it brought in. Its reserves stood at about 0.5 months of spending, down from 6.6 in 2011. Staff pay was 59% of spending. $94,900 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
Laurel School Of Music'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