Music Worcester Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 761,024 | 711,202 | 49,822 | 40.3 | 27% |
| 2012 | 721,282 | 767,228 | −45,946 | 36.0 | 31% |
| 2013 | 984,927 | 832,254 | 152,673 | 37.5 | 29% |
| 2014 | 1,233,564 | 838,286 | 395,278 | 46.3 | 30% |
| 2015 | 956,215 | 859,436 | 96,779 | 46.2 | 26% |
| 2016 | 1,048,107 | 940,119 | 107,988 | 42.5 | 27% |
| 2017 | 1,295,501 | 996,190 | 299,311 | 46.7 | 27% |
| 2018 | 1,554,700 | 1,101,757 | 452,943 | 48.7 | 23% |
| 2019 | 3,038,621 | 1,667,169 | 1,371,452 | 43.0 | 20% |
| 2020 | 1,367,436 | 1,009,999 | 357,437 | 74.0 | 33% |
| 2021 | 1,328,260 | 713,675 | 614,585 | 133.0 | 0% |
| 2022 | 5,579,210 | 1,387,557 | 4,191,653 | 94.1 | 0% |
| 2023 | 2,726,328 | 1,752,795 | 973,533 | 86.4 | 0% |
In its most recent public year (2023), this organization brought in $973,533 more than it spent. Its reserves stood at about 86.4 months of spending, up from 40.3 in 2011. Staff pay was 0% of spending. $9,974,493 of its net assets are donor-restricted.
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
Music Worcester Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works