South Dakota Friends Of Traditional Music
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 24,038 | 24,240 | −202 | 7.0 | — |
| 2013 | 25,833 | 25,582 | 251 | 6.8 | — |
| 2014 | 31,637 | 22,651 | 8,986 | 12.4 | — |
| 2015 | 46,711 | 31,876 | 14,835 | 14.4 | — |
| 2016 | 43,566 | 34,695 | 8,871 | 16.3 | — |
| 2017 | 33,617 | 27,026 | 6,591 | 23.9 | — |
| 2018 | 37,274 | 41,342 | −4,068 | 14.4 | — |
| 2019 | 36,272 | 41,017 | −4,745 | 13.1 | — |
| 2020 | 51,436 | 41,370 | 10,066 | 15.9 | — |
| 2021 | 1,526 | 5,949 | −4,423 | 102.0 | — |
| 2022 | 40,690 | 39,475 | 1,215 | 15.7 | — |
| 2023 | 44,523 | 48,918 | −4,395 | 11.6 | — |
In its most recent public year (2023), this organization spent $4,395 more than it brought in. Its reserves stood at about 11.6 months of spending, up from 7 in 2012.
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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