Iam Music Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 239,956 | 205,188 | 34,768 | 1.7 | 60% |
| 2021 | 289,025 | 293,078 | −4,053 | 1.0 | 56% |
| 2022 | 430,193 | 423,401 | 6,792 | 0.9 | 62% |
| 2023 | 386,734 | 410,430 | −23,696 | 0.1 | 67% |
In its most recent public year (2023), this organization spent $23,696 more than it brought in. Its reserves stood at about 0.1 months of spending, down from 1.7 in 2020. Staff pay was 67% 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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