Building Beats Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 166,558 | 151,967 | 14,591 | 3.1 | — |
| 2017 | 265,457 | 248,137 | 17,320 | 2.7 | 44% |
| 2018 | 356,936 | 348,004 | 8,932 | 2.3 | 62% |
| 2019 | 374,345 | 299,276 | 75,069 | 6.4 | 68% |
| 2020 | 483,692 | 415,253 | 68,439 | 6.6 | 70% |
| 2021 | 723,684 | 560,604 | 163,080 | 8.4 | 79% |
| 2022 | 862,187 | 769,149 | 93,038 | 7.6 | 75% |
| 2023 | 1,073,323 | 1,109,496 | −36,173 | 4.8 | 78% |
In its most recent public year (2023), this organization spent $36,173 more than it brought in. Its reserves stood at about 4.8 months of spending, up from 3.1 in 2016. Staff pay was 78% 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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