Billerica Friends Of Music Assoc Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 24,850 | 21,634 | 3,216 | 89.3 | — |
| 2021 | 9,931 | 6,824 | 3,107 | 285.9 | — |
| 2023 | 38,489 | 4,580 | 33,909 | 506.7 | — |
| 2024 | 0 | 0 | 0 | — | — |
In its most recent public year (2024), this organization brought in $0 more than it spent.
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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