Opportunity Music Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 25,862 | 21,154 | 4,708 | 2.7 | — |
| 2014 | 38,900 | 42,825 | −3,925 | 0.2 | — |
| 2015 | 116,702 | 52,932 | 63,770 | 14.6 | — |
| 2016 | 120,205 | 108,979 | 11,226 | 8.3 | — |
| 2017 | 160,698 | 177,455 | −16,757 | 4.0 | — |
| 2018 | 254,471 | 165,705 | 88,766 | 10.7 | 20% |
| 2019 | 341,948 | 342,906 | −958 | 5.1 | 0% |
| 2020 | 229,553 | 250,650 | −21,097 | 6.2 | 0% |
| 2021 | 285,846 | 270,865 | 14,981 | 6.4 | 24% |
| 2022 | 352,692 | 385,547 | −32,855 | 3.5 | 17% |
| 2023 | 443,898 | 411,575 | 32,323 | 4.2 | 16% |
In its most recent public year (2023), this organization brought in $32,323 more than it spent. Its reserves stood at about 4.2 months of spending, up from 2.7 in 2013. Staff pay was 16% of spending. $113,208 of its net assets are donor-restricted.
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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