Harvard Band Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 36,851 | 46,287 | −9,436 | 346.2 | 0% |
| 2020 | 74,958 | 92,952 | −17,994 | 147.8 | 0% |
| 2021 | 49,671 | 21,725 | 27,946 | 890.3 | 0% |
| 2022 | 42,754 | 42,870 | −116 | 484.1 | 0% |
| 2023 | 37,986 | 62,622 | −24,636 | 306.6 | 0% |
In its most recent public year (2023), this organization spent $24,636 more than it brought in. Its reserves stood at about 306.6 months of spending, down from 346.2 in 2019. Staff pay was 0% 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 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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