Music In Me Foundation International
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 16,236 | 15,644 | 592 | 0.1 | — |
| 2019 | 28,805 | 24,456 | 4,349 | 0.0 | — |
| 2020 | 19,076 | 18,831 | 245 | 0.0 | — |
| 2021 | 22,123 | 18,502 | 3,621 | -1.6 | — |
| 2022 | 72,208 | 71,207 | 1,001 | 0.2 | — |
| 2023 | 207,018 | 213,652 | −6,634 | 1.5 | 17% |
In its most recent public year (2023), this organization spent $6,634 more than it brought in. Its reserves stood at about 1.5 months of spending, up from 0.1 in 2017. Staff pay was 17% 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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