Piano Forte Foundation Nfp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 176,278 | 123,679 | 52,599 | 5.1 | — |
| 2012 | 195,275 | 153,202 | 42,073 | 7.4 | — |
| 2013 | 176,416 | 164,680 | 11,736 | 7.7 | — |
| 2014 | 148,791 | 183,694 | −34,903 | 4.6 | — |
| 2015 | 156,845 | 163,151 | −6,306 | 4.8 | — |
| 2016 | 134,557 | 136,855 | −2,298 | 5.5 | — |
| 2017 | 68,721 | 127,852 | −59,131 | 0.3 | — |
| 2018 | 83,827 | 84,237 | −410 | 0.4 | — |
| 2019 | 15,719 | 14,929 | 790 | 3.1 | — |
| 2020 | 1,715 | 3,732 | −2,017 | 5.8 | — |
In its most recent public year (2020), this organization spent $2,017 more than it brought in. Its reserves stood at about 5.8 months 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 2020. 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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