Groundup Music Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 72,055 | 2,015 | 70,040 | 417.1 | — |
| 2021 | 96,869 | 98,256 | −1,387 | 8.4 | — |
| 2022 | 403,177 | 474,881 | −71,704 | -0.1 | 6% |
| 2023 | 818,939 | 785,468 | 33,471 | 0.5 | 0% |
In its most recent public year (2023), this organization brought in $33,471 more than it spent. Its reserves stood at about 0.5 months of spending, down from 417.1 in 2020. Staff pay was 0% 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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