Minnesota Federation Of Music Clubs Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 66,329 | 59,608 | 6,721 | 24.2 | — |
| 2012 | 62,619 | 64,103 | −1,484 | 22.3 | — |
| 2013 | 66,123 | 73,390 | −7,267 | 18.2 | — |
| 2014 | 56,597 | 58,560 | −1,963 | 22.5 | — |
| 2015 | 60,701 | 64,390 | −3,689 | 19.7 | — |
| 2016 | 72,185 | 61,640 | 10,545 | 22.7 | — |
| 2017 | 73,096 | 62,978 | 10,118 | 24.1 | — |
| 2018 | 63,652 | 60,952 | 2,700 | 25.5 | — |
| 2019 | 67,064 | 64,899 | 2,165 | 24.3 | — |
| 2020 | 65,938 | 59,284 | 6,654 | 28.0 | — |
| 2021 | 50,318 | 32,373 | 17,945 | 57.9 | — |
| 2022 | 55,967 | 67,754 | −11,787 | 23.3 | — |
| 2023 | 53,680 | 50,394 | 3,286 | 33.8 | — |
In its most recent public year (2023), this organization brought in $3,286 more than it spent. Its reserves stood at about 33.8 months of spending, up from 24.2 in 2011.
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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