Society For American Music
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 139,791 | 143,103 | −3,312 | 27.5 | — |
| 2012 | 176,008 | 151,704 | 24,304 | 27.8 | — |
| 2013 | 382,740 | 128,952 | 253,788 | 56.4 | 12% |
| 2014 | 314,477 | 154,986 | 159,491 | 59.2 | 10% |
| 2015 | 497,793 | 183,426 | 314,367 | 65.2 | 11% |
| 2016 | 289,048 | 206,144 | 82,904 | 65.5 | 10% |
| 2017 | 260,869 | 219,002 | 41,867 | 69.8 | 9% |
| 2023 | 209,072 | 256,651 | −47,579 | 64.3 | 13% |
In its most recent public year (2023), this organization spent $47,579 more than it brought in. Its reserves stood at about 64.3 months of spending, up from 27.5 in 2011. Staff pay was 13% of spending. $989,178 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
Society For American Music'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