Lutheran Music Program
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,294,331 | 1,082,168 | 212,163 | 21.5 | 26% |
| 2012 | 1,204,446 | 1,032,694 | 171,752 | 26.6 | 28% |
| 2013 | 1,093,978 | 1,073,837 | 20,141 | 27.4 | 27% |
| 2014 | 1,123,240 | 929,986 | 193,254 | 32.1 | 29% |
| 2015 | 624,093 | 916,236 | −292,143 | 26.0 | 28% |
| 2016 | 740,273 | 935,032 | −194,759 | 24.6 | 31% |
| 2017 | 709,686 | 1,097,899 | −388,213 | 18.5 | 31% |
| 2018 | 1,015,686 | 1,035,413 | −19,727 | 20.1 | 29% |
| 2019 | 925,907 | 793,830 | 132,077 | 27.7 | 24% |
| 2020 | 654,077 | 414,951 | 239,126 | 59.6 | 54% |
| 2021 | 1,327,073 | 912,402 | 414,671 | 34.7 | 23% |
| 2022 | 1,763,933 | 1,101,309 | 662,624 | 31.6 | 22% |
| 2023 | 1,843,491 | 1,314,642 | 528,849 | 32.5 | 21% |
| 2024 | 2,775,610 | 1,527,972 | 1,247,638 | 37.3 | 22% |
In its most recent public year (2024), this organization brought in $1,247,638 more than it spent. Its reserves stood at about 37.3 months of spending, up from 21.5 in 2011. Staff pay was 22% of spending. $3,711,035 of its net assets are donor-restricted.
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
Lutheran Music Program'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