Healing Music Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 158,314 | 149,007 | 9,307 | 1.1 | — |
| 2015 | 102,994 | 102,827 | 167 | 1.6 | — |
| 2016 | 149,837 | 131,968 | 17,869 | 2.9 | — |
| 2017 | 253,814 | 246,443 | 7,371 | 1.9 | 22% |
| 2018 | 316,257 | 319,209 | −2,952 | 1.3 | 17% |
| 2019 | 347,722 | 326,825 | 20,897 | 2.1 | 17% |
| 2020 | 298,491 | 246,451 | 52,040 | 5.3 | 22% |
| 2021 | 356,513 | 271,824 | 84,689 | 12.6 | 20% |
| 2022 | 618,086 | 442,055 | 176,031 | 12.5 | 12% |
| 2023 | 803,125 | 756,827 | 46,298 | 8.0 | 11% |
In its most recent public year (2023), this organization brought in $46,298 more than it spent. Its reserves stood at about 8 months of spending. Staff pay was 11% 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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