Bethel Music
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 14,112,920 | 11,535,514 | 2,577,406 | 2.7 | 15% |
| 2017 | 12,906,455 | 12,616,139 | 290,316 | 2.7 | 19% |
| 2018 | 12,485,869 | 11,089,483 | 1,396,386 | 4.6 | 31% |
| 2019 | 12,779,515 | 12,523,180 | 256,335 | 4.3 | 30% |
| 2020 | 11,251,123 | 10,559,385 | 691,738 | 6.2 | 43% |
| 2021 | 17,178,099 | 9,862,494 | 7,315,605 | 15.8 | 35% |
| 2022 | 11,113,802 | 10,252,945 | 860,857 | 16.3 | 31% |
| 2023 | 18,390,508 | 18,285,758 | 104,750 | 9.2 | 22% |
In its most recent public year (2023), this organization brought in $104,750 more than it spent. Its reserves stood at about 9.2 months of spending. Staff pay was 22% 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
Bethel Music'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