Community Musicworks
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 801,026 | 782,486 | 18,540 | 11.6 | 53% |
| 2012 | 1,204,168 | 782,621 | 421,547 | 18.1 | 53% |
| 2013 | 710,622 | 1,012,512 | −301,890 | 10.4 | 48% |
| 2014 | 997,404 | 1,006,152 | −8,748 | 10.5 | 47% |
| 2015 | 1,057,902 | 993,380 | 64,522 | 11.4 | 53% |
| 2016 | 1,048,973 | 1,026,089 | 22,884 | 11.3 | 53% |
| 2017 | 1,362,173 | 1,097,601 | 264,572 | 14.0 | 55% |
| 2018 | 1,283,960 | 1,194,663 | 89,297 | 13.9 | 54% |
| 2019 | 4,088,741 | 1,351,972 | 2,736,769 | 36.7 | 50% |
| 2020 | 2,139,320 | 1,343,293 | 796,027 | 44.0 | 60% |
| 2021 | 5,168,401 | 1,285,295 | 3,883,106 | 83.0 | 66% |
| 2022 | 7,099,115 | 1,388,007 | 5,711,108 | 123.2 | 60% |
| 2023 | 2,362,714 | 6,262,968 | −3,900,254 | 20.5 | 15% |
In its most recent public year (2023), this organization spent $3,900,254 more than it brought in. Its reserves stood at about 20.5 months of spending, up from 11.6 in 2011. Staff pay was 15% of spending. $11,936,375 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
Community Musicworks's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works