Songs By Heart Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 120,560 | 124,784 | −4,224 | 0.9 | 100% |
| 2016 | 418,724 | 278,776 | 139,948 | 6.4 | 89% |
| 2017 | 259,409 | 385,071 | −125,662 | 0.7 | 89% |
| 2018 | 591,705 | 511,746 | 79,959 | 1.5 | 92% |
| 2019 | 524,721 | 543,288 | −18,567 | 0.7 | 91% |
| 2020 | 260,559 | 270,179 | −9,620 | 1.0 | 97% |
| 2021 | 272,958 | 241,221 | 31,737 | 2.9 | 97% |
| 2022 | 343,059 | 330,645 | 12,414 | 2.5 | 97% |
| 2023 | 373,541 | 382,196 | −8,655 | 1.9 | 96% |
In its most recent public year (2023), this organization spent $8,655 more than it brought in. Its reserves stood at about 1.9 months of spending. Staff pay was 96% 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
Songs By Heart Foundation'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