Music Mends Minds Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 44,700 | 17,036 | 27,664 | 19.5 | — |
| 2016 | 85,046 | 54,834 | 30,212 | 12.7 | — |
| 2017 | 99,594 | 96,895 | 2,699 | 7.5 | — |
| 2018 | 148,095 | 122,292 | 25,803 | 8.5 | — |
| 2019 | 160,788 | 137,324 | 23,464 | 9.6 | — |
| 2020 | 264,600 | 153,262 | 111,338 | 17.3 | 52% |
| 2021 | 274,654 | 177,204 | 97,450 | 21.6 | 52% |
| 2022 | 171,868 | 206,534 | −34,666 | 16.5 | 47% |
| 2023 | 264,124 | 307,540 | −43,416 | 9.4 | 60% |
In its most recent public year (2023), this organization spent $43,416 more than it brought in. Its reserves stood at about 9.4 months of spending, down from 19.5 in 2015. Staff pay was 60% 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
Music Mends Minds 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