Santa Monica Bay Music Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 71,729 | 70,755 | 974 | 0.8 | — |
| 2015 | 65,982 | 67,725 | −1,743 | 2.0 | — |
| 2016 | 92,497 | 102,098 | −9,601 | 0.2 | — |
| 2017 | 80,814 | 78,173 | 2,641 | 2.0 | — |
| 2018 | 105,330 | 106,797 | −1,467 | 1.3 | — |
| 2019 | 154,239 | 154,942 | −703 | 0.8 | — |
| 2020 | 497,360 | 573,543 | −76,183 | 0.5 | 5% |
| 2021 | 620,673 | 609,020 | 11,653 | 0.7 | 40% |
| 2022 | 706,065 | 658,453 | 47,612 | 1.6 | 46% |
| 2023 | 722,489 | 627,305 | 95,184 | 3.5 | 36% |
In its most recent public year (2023), this organization brought in $95,184 more than it spent. Its reserves stood at about 3.5 months of spending, up from 0.8 in 2014. Staff pay was 36% 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
Santa Monica Bay Music Foundation'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