Friends Of Music
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 59,707 | 51,938 | 7,769 | 7.9 | — |
| 2019 | 46,905 | 47,949 | −1,044 | 8.3 | — |
| 2020 | 52,386 | 40,081 | 12,305 | 13.7 | — |
| 2021 | 28,186 | 13,823 | 14,363 | 52.1 | — |
| 2023 | 74,028 | 50,603 | 23,425 | 14.1 | — |
| 2024 | 71,166 | 60,510 | 10,656 | 13.9 | — |
In its most recent public year (2024), this organization brought in $10,656 more than it spent. Its reserves stood at about 13.9 months of spending, up from 7.9 in 2018.
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 2024. 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
Friends Of Music's IRS filings as a feed — one entry per filing year, through 2024. 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