Long Island Music Hall Of Fame Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 32,542 | 29,142 | 3,400 | 6.6 | — |
| 2012 | 136,844 | 102,300 | 34,544 | 5.9 | — |
| 2014 | 135,247 | 103,350 | 31,897 | 9.9 | — |
| 2016 | 179,573 | 122,775 | 56,798 | 6.7 | 41% |
| 2017 | 67,820 | 68,668 | −848 | 11.8 | — |
| 2018 | 126,743 | 104,725 | 22,018 | 10.3 | 0% |
| 2019 | 95,113 | 144,391 | −49,278 | 3.4 | — |
| 2020 | 78,383 | 74,355 | 4,028 | 7.2 | — |
| 2021 | 26,741 | 24,445 | 2,296 | 23.0 | — |
| 2022 | 389,964 | 255,461 | 134,503 | 85.1 | 10% |
| 2023 | 834,256 | 591,537 | 242,719 | 41.7 | 22% |
In its most recent public year (2023), this organization brought in $242,719 more than it spent. Its reserves stood at about 41.7 months of spending, up from 6.6 in 2011. Staff pay was 22% of spending. $1,536,478 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 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
Long Island Music Hall Of Fame Inc's IRS filings as a feed — one entry per filing year, through 2023. 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