Music-Arts Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 369,365 | 416,331 | −46,966 | 7.4 | 16% |
| 2013 | 323,519 | 369,132 | −45,613 | 6.9 | 16% |
| 2014 | 299,722 | 348,376 | −48,654 | 5.6 | 14% |
| 2015 | 308,381 | 324,950 | −16,569 | 5.4 | 13% |
| 2016 | 325,273 | 328,076 | −2,803 | 5.3 | 13% |
| 2017 | 413,831 | 350,463 | 63,368 | 6.8 | 12% |
| 2018 | 333,936 | 353,408 | −19,472 | 6.4 | 13% |
| 2019 | 478,624 | 456,661 | 21,963 | 5.5 | 10% |
| 2020 | 367,721 | 313,871 | 53,850 | 12.6 | 14% |
| 2021 | 388,053 | 348,241 | 39,812 | 12.7 | 16% |
| 2022 | 632,989 | 324,967 | 308,022 | 25.0 | 21% |
| 2023 | 319,987 | 350,071 | −30,084 | 22.3 | 24% |
In its most recent public year (2023), this organization spent $30,084 more than it brought in. Its reserves stood at about 22.3 months of spending, up from 7.4 in 2012. Staff pay was 24% 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
Music-Arts Institute'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