Pianos For Peace Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 87,851 | 90,687 | −2,836 | -6.7 | — |
| 2019 | 196,546 | 194,022 | 2,524 | -3.0 | — |
| 2020 | 29,880 | 35,993 | −6,113 | -18.1 | — |
| 2021 | 158,580 | 149,920 | 8,660 | -3.7 | — |
| 2022 | 380,694 | 354,698 | 25,996 | -0.7 | 4% |
| 2023 | 298,761 | 295,886 | 2,875 | -0.7 | 5% |
In its most recent public year (2023), this organization brought in $2,875 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.7 months), up from -6.7 in 2018. Staff pay was 5% 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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