Musical Empowerment Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 244,143 | 229,446 | 14,697 | 7.6 | 57% |
| 2020 | 98,178 | 184,640 | −86,462 | 3.9 | 55% |
| 2021 | 208,101 | 186,263 | 21,838 | 7.3 | 59% |
| 2022 | 162,148 | 249,350 | −87,202 | 1.2 | 46% |
| 2023 | 191,332 | 181,925 | 9,407 | 2.3 | 60% |
In its most recent public year (2023), this organization brought in $9,407 more than it spent. Its reserves stood at about 2.3 months of spending, down from 7.6 in 2019. Staff pay was 60% 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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