Cleveland Music Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 408,860 | 91,299 | 317,561 | 41.7 | 0% |
| 2013 | 3,533,751 | 85,246 | 3,448,505 | 530.1 | 0% |
| 2014 | 1,311,853 | 26,084 | 1,285,769 | 2324.1 | 0% |
| 2015 | 8,459,107 | 894,695 | 7,564,412 | 181.6 | 8% |
| 2016 | 4,542,786 | 2,034,988 | 2,507,798 | 93.9 | 14% |
| 2017 | 1,279,982 | 2,242,118 | −962,136 | 79.2 | 21% |
| 2018 | 1,133,320 | 2,005,887 | −872,567 | 83.6 | 21% |
| 2019 | 1,859,597 | 2,041,781 | −182,184 | 81.1 | 17% |
| 2020 | 1,195,369 | 1,593,677 | −398,308 | 100.8 | 24% |
| 2021 | 4,402,670 | 1,934,796 | 2,467,874 | 98.7 | 23% |
| 2022 | 1,758,546 | 1,677,340 | 81,206 | 114.9 | 31% |
| 2023 | 1,956,833 | 1,899,410 | 57,423 | 101.8 | 32% |
In its most recent public year (2023), this organization brought in $57,423 more than it spent. Its reserves stood at about 101.8 months of spending, up from 41.7 in 2012. Staff pay was 32% of spending. $1,094,609 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 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
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