Minneapolis Music Teachers Forum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 31,186 | 33,336 | −2,150 | 26.8 | 0% |
| 2013 | 29,655 | 30,353 | −698 | 29.1 | 0% |
| 2014 | 29,864 | 29,544 | 320 | 30.1 | — |
| 2015 | 32,584 | 32,570 | 14 | 27.3 | — |
| 2016 | 36,909 | 27,180 | 9,729 | 37.0 | — |
| 2017 | 27,800 | 27,228 | 572 | 37.2 | — |
| 2018 | 29,201 | 24,628 | 4,573 | 43.3 | — |
| 2019 | 28,903 | 22,971 | 5,932 | 49.6 | — |
| 2020 | 23,721 | 21,477 | 2,244 | 55.3 | — |
| 2021 | 21,141 | 18,747 | 2,394 | 68.6 | — |
| 2022 | 20,137 | 21,368 | −1,231 | 55.8 | — |
| 2023 | 19,982 | 25,152 | −5,170 | 46.5 | — |
| 2024 | 19,034 | 20,041 | −1,007 | 61.2 | — |
In its most recent public year (2024), this organization spent $1,007 more than it brought in. Its reserves stood at about 61.2 months of spending, up from 26.8 in 2012.
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 2024. 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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