New Music On The Point Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 117,398 | 92,820 | 24,578 | 3.2 | — |
| 2017 | 139,546 | 91,824 | 47,722 | 9.4 | — |
| 2018 | 191,915 | 164,729 | 27,186 | 7.2 | — |
| 2019 | 159,113 | 147,838 | 11,275 | 9.0 | — |
| 2020 | 62,842 | 107,890 | −45,048 | 7.3 | — |
| 2022 | 181,954 | 129,552 | 52,402 | 9.6 | — |
| 2023 | 154,842 | 141,165 | 13,677 | 10.0 | — |
In its most recent public year (2023), this organization brought in $13,677 more than it spent. Its reserves stood at about 10 months of spending, up from 3.2 in 2016.
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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