National Federation Of Music Clubs
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 760,673 | 825,398 | −64,725 | 184.3 | 12% |
| 2021 | 1,702,418 | 738,421 | 963,997 | 221.7 | 13% |
| 2022 | 1,337,896 | 661,551 | 676,345 | 259.7 | 18% |
| 2023 | 780,121 | 790,034 | −9,913 | 217.3 | 15% |
In its most recent public year (2023), this organization spent $9,913 more than it brought in. Its reserves stood at about 217.3 months of spending, up from 184.3 in 2020. Staff pay was 15% of spending. $23,503 of its net assets are donor-restricted.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works