Magnolia Band Booster Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 18,779 | 29,530 | −10,751 | 4.6 | — |
| 2015 | 42,061 | 36,459 | 5,602 | 9.2 | — |
| 2016 | 46,250 | 38,945 | 7,305 | 10.9 | — |
| 2017 | 70,685 | 44,365 | 26,320 | 16.7 | — |
| 2018 | 52,429 | 77,034 | −24,605 | 5.8 | — |
| 2019 | 99,202 | 85,173 | 14,029 | 7.2 | — |
| 2020 | 196,873 | 139,080 | 57,793 | 10.6 | 0% |
| 2021 | 40,574 | 93,350 | −52,776 | 8.9 | — |
| 2022 | 148,495 | 82,216 | 66,279 | 19.8 | — |
| 2023 | 145,781 | 175,079 | −29,298 | 7.3 | — |
| 2024 | 115,236 | 153,831 | −38,595 | 5.3 | — |
In its most recent public year (2024), this organization spent $38,595 more than it brought in. Its reserves stood at about 5.3 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 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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