Asbury Park Music Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 64,433 | 45,304 | 19,129 | 5.1 | — |
| 2013 | 115,159 | 67,575 | 47,584 | 11.8 | 14% |
| 2014 | 126,254 | 139,496 | −13,242 | 4.6 | — |
| 2015 | 297,273 | 319,662 | −22,389 | 1.2 | 8% |
| 2016 | 421,078 | 315,356 | 105,722 | 5.2 | 12% |
| 2017 | 372,415 | 311,818 | 60,597 | 7.6 | 5% |
| 2018 | 485,709 | 391,733 | 93,976 | 8.9 | 0% |
| 2019 | 781,150 | 583,746 | 197,404 | 10.0 | 5% |
| 2020 | 545,318 | 746,291 | −200,973 | 4.6 | 7% |
| 2021 | 623,150 | 610,219 | 12,931 | 5.9 | 9% |
| 2022 | 603,463 | 650,798 | −47,335 | 4.7 | 8% |
| 2023 | 1,064,544 | 967,303 | 97,241 | 4.3 | 13% |
| 2024 | 829,927 | 963,828 | −133,901 | 2.7 | 12% |
In its most recent public year (2024), this organization spent $133,901 more than it brought in. Its reserves stood at about 2.7 months of spending, down from 5.1 in 2012. Staff pay was 12% of spending. $197,000 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 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works