Music On A Mission Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 20,404 | 23,272 | −2,868 | 59.6 | — |
| 2021 | 4,930 | 15,083 | −10,153 | 100.8 | — |
| 2022 | 18,231 | 30,574 | −12,343 | 35.6 | — |
In its most recent public year (2022), this organization spent $12,343 more than it brought in. Its reserves stood at about 35.6 months of spending, down from 59.6 in 2020.
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 2022. 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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