Minnesota Music Teachers Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 314,413 | 297,319 | 17,094 | 8.5 | 18% |
| 2013 | 330,131 | 312,349 | 17,782 | 8.8 | 17% |
| 2015 | 318,624 | 332,020 | −13,396 | 7.6 | 19% |
| 2016 | 329,131 | 383,990 | −54,859 | 4.9 | 17% |
| 2017 | 335,626 | 372,145 | −36,519 | 3.9 | 20% |
| 2018 | 352,188 | 363,325 | −11,137 | 3.7 | 21% |
| 2019 | 352,429 | 369,112 | −16,683 | 3.1 | 20% |
| 2020 | 348,487 | 263,550 | 84,937 | 8.1 | 25% |
| 2021 | 257,593 | 221,656 | 35,937 | 11.9 | 28% |
In its most recent public year (2021), this organization brought in $35,937 more than it spent. Its reserves stood at about 11.9 months of spending, up from 8.5 in 2012. Staff pay was 28% 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 2021. 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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