Friends Of Naval Academy Music
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 90,547 | 38,219 | 52,328 | 27.9 | — |
| 2019 | 214,511 | 48,715 | 165,796 | 68.7 | 0% |
| 2020 | 105,696 | 73,883 | 31,813 | 53.5 | — |
| 2021 | 106,918 | 22,992 | 83,926 | 241.7 | — |
| 2022 | 167,307 | 79,666 | 87,641 | 70.2 | — |
| 2023 | 217,246 | 85,923 | 131,323 | 83.4 | 0% |
In its most recent public year (2023), this organization brought in $131,323 more than it spent. Its reserves stood at about 83.4 months of spending, up from 27.9 in 2018. Staff pay was 0% 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
Friends Of Naval Academy Music's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works