Beats Rhymes And Life
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 42,770 | 26,137 | 16,633 | 7.6 | — |
| 2012 | 371,560 | 383,783 | −12,223 | 0.1 | 0% |
| 2013 | 604,242 | 613,922 | −9,680 | -0.1 | 10% |
| 2014 | 502,146 | 571,662 | −69,516 | -1.6 | 39% |
| 2015 | 397,696 | 397,383 | 313 | -2.2 | 21% |
| 2016 | 477,033 | 462,486 | 14,547 | -1.6 | 29% |
| 2017 | 649,292 | 618,203 | 31,089 | -0.6 | 55% |
| 2018 | 614,361 | 609,003 | 5,358 | 0.3 | 58% |
| 2019 | 749,017 | 716,860 | 32,157 | 0.8 | 45% |
| 2020 | 601,711 | 606,509 | −4,798 | 0.8 | 52% |
| 2021 | 1,010,098 | 926,204 | 83,894 | 1.0 | 52% |
| 2022 | 1,487,018 | 1,372,485 | 114,533 | 1.7 | 17% |
| 2023 | 1,865,766 | 1,855,720 | 10,046 | 1.3 | 24% |
In its most recent public year (2023), this organization brought in $10,046 more than it spent. Its reserves stood at about 1.3 months of spending, down from 7.6 in 2011. 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
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