Four Freshmen Music Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 29,049 | 271 | 28,778 | 1274.3 | — |
| 2016 | 26,903 | 16,165 | 10,738 | 29.3 | 0% |
| 2017 | 27,089 | 8,344 | 18,745 | 83.8 | 0% |
| 2020 | 5,763 | 880 | 4,883 | 833.2 | — |
| 2021 | 13,637 | 7,880 | 5,757 | 101.8 | — |
| 2022 | 18,521 | 11,734 | 6,787 | 6.9 | — |
| 2023 | 10,938 | 17,500 | −6,562 | 0.0 | — |
In its most recent public year (2023), this organization spent $6,562 more than it brought in. Its reserves stood at about 0 months of spending, down from 1274.3 in 2015.
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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