Sarasota Music Conservatory Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 51,863 | 49,466 | 2,397 | 0.8 | — |
| 2014 | 36,683 | 39,237 | −2,554 | 0.2 | — |
| 2015 | 56,566 | 56,691 | −125 | 0.1 | — |
| 2016 | 84,293 | 76,470 | 7,823 | 1.3 | — |
| 2017 | 93,812 | 80,956 | 12,856 | 3.1 | — |
| 2018 | 104,579 | 119,891 | −15,312 | 0.6 | — |
| 2019 | 143,212 | 125,183 | 18,029 | 2.3 | — |
| 2020 | 233,705 | 170,183 | 63,522 | 5.3 | 20% |
| 2021 | 213,562 | 213,082 | 480 | 4.3 | 16% |
| 2022 | 258,135 | 251,327 | 6,808 | 4.5 | 15% |
| 2023 | 264,303 | 293,096 | −28,793 | 2.7 | 16% |
In its most recent public year (2023), this organization spent $28,793 more than it brought in. Its reserves stood at about 2.7 months of spending, up from 0.8 in 2013. Staff pay was 16% 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
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