Tennessee Music Education Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 110,342 | 98,711 | 11,631 | 14.7 | 13% |
| 2022 | 224,373 | 244,322 | −19,949 | 4.9 | 0% |
| 2023 | 257,838 | 274,831 | −16,993 | 3.7 | 8% |
| 2024 | 284,077 | 274,956 | 9,121 | 4.1 | 5% |
In its most recent public year (2024), this organization brought in $9,121 more than it spent. Its reserves stood at about 4.1 months of spending, down from 14.7 in 2021. Staff pay was 5% 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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