Seattle Arts And Music Group
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,500 | 21,758 | −14,258 | -2.5 | 0% |
| 2021 | 76,120 | 108,371 | −32,251 | -4.1 | 12% |
| 2022 | 412,552 | 346,992 | 65,560 | 1.0 | 25% |
| 2023 | 334,155 | 245,831 | 88,324 | 5.7 | 41% |
In its most recent public year (2023), this organization brought in $88,324 more than it spent. Its reserves stood at about 5.7 months of spending, up from -2.5 in 2020. Staff pay was 41% 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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