Music And Culture Coalition Of New Orleans Nonprofit Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 94,239 | 61,298 | 32,941 | 7.3 | — |
| 2017 | 53,564 | 85,165 | −31,601 | 0.8 | — |
| 2018 | 111,380 | 117,270 | −5,890 | 0.0 | — |
| 2019 | 116,379 | 116,266 | 113 | 0.0 | — |
| 2020 | 330,771 | 237,206 | 93,565 | 4.7 | 48% |
| 2021 | 225,713 | 291,363 | −65,650 | 1.2 | 43% |
| 2022 | 279,225 | 212,300 | 66,925 | 5.4 | 65% |
| 2023 | 199,003 | 206,296 | −7,293 | 5.1 | 80% |
In its most recent public year (2023), this organization spent $7,293 more than it brought in. Its reserves stood at about 5.1 months of spending, down from 7.3 in 2016. Staff pay was 80% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works