Westerlies Music Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 247,499 | 202,097 | 45,402 | 6.6 | 0% |
| 2021 | 136,663 | 171,479 | −34,816 | 4.9 | — |
| 2022 | 257,910 | 223,562 | 34,348 | 5.6 | 68% |
| 2023 | 272,236 | 270,774 | 1,462 | 4.7 | 58% |
In its most recent public year (2023), this organization brought in $1,462 more than it spent. Its reserves stood at about 4.7 months of spending, down from 6.6 in 2019. Staff pay was 58% 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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