Music Forward
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 422,063 | 356,875 | 65,188 | 2.2 | 13% |
| 2012 | 995,023 | 950,769 | 44,254 | 1.3 | 10% |
| 2013 | 924,195 | 798,670 | 125,525 | 3.4 | 13% |
| 2014 | 1,125,605 | 1,010,101 | 115,504 | 6.8 | 14% |
| 2015 | 1,192,587 | 1,337,477 | −144,890 | 3.1 | 10% |
| 2016 | 1,124,402 | 1,059,328 | 65,074 | 3.6 | 16% |
| 2017 | 1,223,198 | 1,241,163 | −17,965 | 4.7 | 19% |
| 2018 | 1,474,230 | 1,429,299 | 44,931 | 4.5 | 15% |
| 2019 | 2,010,230 | 2,088,217 | −77,987 | 3.7 | 16% |
| 2020 | 1,202,718 | 978,658 | 224,060 | 10.6 | 27% |
| 2021 | 2,219,896 | 1,217,783 | 1,002,113 | 18.4 | 31% |
| 2022 | 1,664,816 | 2,021,466 | −356,650 | 7.5 | 23% |
| 2023 | 1,428,727 | 1,519,000 | −90,273 | 9.8 | 36% |
In its most recent public year (2023), this organization spent $90,273 more than it brought in. Its reserves stood at about 9.8 months of spending, up from 2.2 in 2011. Staff pay was 36% of spending. $624,967 of its net assets are donor-restricted.
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 Forward'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