Wakefield Music Boosters Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 44,070 | 17,799 | 26,271 | 32.6 | — |
| 2012 | 149,799 | 156,387 | −6,588 | 3.2 | — |
| 2013 | 20,912 | 31,822 | −10,910 | 11.6 | 0% |
| 2014 | 46,679 | 36,214 | 10,465 | 13.7 | — |
| 2015 | 54,795 | 46,536 | 8,259 | 12.8 | — |
| 2016 | 64,542 | 39,861 | 24,681 | 22.3 | — |
| 2017 | 27,418 | 37,928 | −10,510 | 20.2 | 0% |
| 2018 | 92,233 | 67,337 | 24,896 | 15.8 | — |
| 2019 | 196,470 | 61,250 | 135,220 | 47.4 | 0% |
| 2020 | 97,306 | 97,998 | −692 | 29.5 | — |
| 2021 | 27,318 | 15,761 | 11,557 | 192.5 | — |
| 2022 | 33,059 | 31,532 | 1,527 | 96.8 | — |
| 2023 | 73,606 | 110,125 | −36,519 | 23.7 | — |
In its most recent public year (2023), this organization spent $36,519 more than it brought in. Its reserves stood at about 23.7 months of spending, down from 32.6 in 2011.
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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