Norman Music Alliance Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 42,020 | 45,456 | −3,436 | -8.5 | — |
| 2021 | 96,917 | 59,746 | 37,171 | 1.0 | — |
| 2022 | 226,890 | 222,843 | 4,047 | 0.1 | 5% |
| 2024 | 263,498 | 289,329 | −25,831 | -1.4 | 12% |
In its most recent public year (2024), this organization spent $25,831 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.4 months), up from -8.5 in 2020. Staff pay was 12% 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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