King Philip Music Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 82,063 | 30,882 | 51,181 | 49.2 | — |
| 2013 | 83,818 | 132,376 | −48,558 | 7.1 | — |
| 2014 | 111,256 | 56,662 | 54,594 | 28.1 | — |
| 2015 | 91,570 | 98,583 | −7,013 | 15.3 | — |
| 2016 | 99,946 | 116,369 | −16,423 | 11.3 | — |
| 2017 | 136,564 | 109,615 | 26,949 | 14.9 | — |
| 2018 | 123,850 | 105,633 | 18,217 | 17.6 | — |
| 2019 | 95,725 | 104,389 | −8,664 | 16.8 | — |
| 2020 | 86,704 | 63,874 | 22,830 | 31.7 | — |
| 2021 | 62,499 | 51,172 | 11,327 | 45.4 | — |
| 2022 | 73,947 | 109,057 | −35,110 | 16.4 | — |
| 2023 | 140,154 | 139,395 | 759 | 12.1 | — |
In its most recent public year (2023), this organization brought in $759 more than it spent. Its reserves stood at about 12.1 months of spending, down from 49.2 in 2012.
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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