Music Academy Nfp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,100 | 618 | 482 | 9.3 | — |
| 2012 | 633,821 | 490,400 | 143,421 | 3.5 | 76% |
| 2013 | 516,391 | 525,834 | −9,443 | 3.1 | 73% |
| 2014 | 496,687 | 495,070 | 1,617 | 3.3 | 76% |
| 2015 | 462,914 | 463,778 | −864 | 3.5 | 76% |
| 2016 | 457,975 | 469,228 | −11,253 | 3.2 | 75% |
| 2017 | 478,486 | 482,421 | −3,935 | 3.1 | 76% |
| 2018 | 487,813 | 485,646 | 2,167 | 3.2 | 74% |
| 2019 | 470,749 | 473,204 | −2,455 | 3.2 | 74% |
| 2020 | 520,139 | 469,896 | 50,243 | 4.5 | 76% |
| 2021 | 491,080 | 448,692 | 42,388 | 5.8 | 77% |
| 2022 | 441,422 | 511,829 | −70,407 | 3.5 | 72% |
| 2023 | 493,603 | 513,706 | −20,103 | 3.0 | 74% |
| 2024 | 487,383 | 527,257 | −39,874 | 2.0 | 73% |
In its most recent public year (2024), this organization spent $39,874 more than it brought in. Its reserves stood at about 2 months of spending, down from 9.3 in 2011. Staff pay was 73% 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 2024. 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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