Sounds Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 66,046 | 61,852 | 4,194 | 2.0 | — |
| 2017 | 79,486 | 80,283 | −797 | 2.3 | — |
| 2018 | 176,400 | 145,724 | 30,676 | 3.8 | — |
| 2019 | 202,718 | 197,298 | 5,420 | 3.1 | 35% |
| 2020 | 326,031 | 264,536 | 61,495 | 5.1 | 31% |
| 2021 | 384,848 | 347,900 | 36,948 | 5.1 | 34% |
| 2022 | 774,966 | 534,939 | 240,027 | 8.7 | 33% |
| 2023 | 640,937 | 673,292 | −32,355 | 6.4 | 34% |
In its most recent public year (2023), this organization spent $32,355 more than it brought in. Its reserves stood at about 6.4 months of spending, up from 2 in 2016. Staff pay was 34% 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
Sounds Academy's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works