Pianos For People
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 102,648 | 96,486 | 6,162 | 1.8 | 0% |
| 2016 | 180,604 | 143,988 | 36,616 | 4.3 | 31% |
| 2017 | 232,416 | 253,291 | −20,875 | 2.7 | 33% |
| 2018 | 382,925 | 300,703 | 82,222 | 5.6 | 46% |
| 2019 | 481,304 | 325,600 | 155,704 | 10.9 | 41% |
| 2020 | 449,957 | 302,195 | 147,762 | 17.6 | 48% |
| 2021 | 601,813 | 352,857 | 248,956 | 23.6 | 66% |
| 2022 | 577,704 | 401,594 | 176,110 | 24.9 | 65% |
| 2023 | 647,615 | 463,425 | 184,190 | 26.9 | 67% |
In its most recent public year (2023), this organization brought in $184,190 more than it spent. Its reserves stood at about 26.9 months of spending, up from 1.8 in 2015. Staff pay was 67% 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
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