Peoples Music School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 681,177 | 782,274 | −101,097 | 21.1 | 67% |
| 2012 | 748,253 | 911,462 | −163,209 | 19.7 | 64% |
| 2013 | 832,174 | 830,048 | 2,126 | 21.8 | 0% |
| 2014 | 620,709 | 890,811 | −270,102 | 16.0 | 63% |
| 2015 | 1,563,905 | 754,541 | 809,364 | 31.2 | 59% |
| 2016 | 2,087,670 | 1,189,943 | 897,727 | 28.7 | 61% |
| 2017 | 1,975,961 | 1,279,690 | 696,271 | 33.5 | 74% |
| 2018 | 2,081,997 | 1,461,333 | 620,664 | 34.2 | 76% |
| 2019 | 2,840,138 | 1,780,699 | 1,059,439 | 35.3 | 69% |
| 2020 | 1,847,958 | 2,119,526 | −271,568 | 28.1 | 68% |
| 2021 | 3,227,151 | 2,864,602 | 362,549 | 22.3 | 67% |
| 2022 | 2,512,174 | 3,714,082 | −1,201,908 | 13.3 | 64% |
| 2023 | 2,755,459 | 3,247,810 | −492,351 | 13.4 | 69% |
In its most recent public year (2023), this organization spent $492,351 more than it brought in. Its reserves stood at about 13.4 months of spending, down from 21.1 in 2011. Staff pay was 69% of spending. $767,909 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
Peoples Music School Inc'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