Nantucket Community Music Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 281,783 | 288,839 | −7,056 | 8.2 | 69% |
| 2012 | 273,778 | 272,240 | 1,538 | 8.8 | 73% |
| 2013 | 341,749 | 268,665 | 73,084 | 12.0 | 66% |
| 2014 | 413,911 | 256,142 | 157,769 | 20.1 | 68% |
| 2015 | 461,397 | 440,502 | 20,895 | 12.4 | 70% |
| 2016 | 452,168 | 532,022 | −79,854 | 8.3 | 71% |
| 2017 | 483,673 | 528,423 | −44,750 | 7.3 | 71% |
| 2018 | 481,529 | 540,725 | −59,196 | 5.6 | 63% |
| 2019 | 526,301 | 479,352 | 46,949 | 7.6 | 62% |
| 2020 | 378,296 | 376,962 | 1,334 | 9.9 | 58% |
| 2021 | 566,671 | 492,602 | 74,069 | 9.4 | 59% |
| 2022 | 539,098 | 498,858 | 40,240 | 8.6 | 60% |
| 2023 | 525,690 | 494,061 | 31,629 | 9.8 | 52% |
In its most recent public year (2023), this organization brought in $31,629 more than it spent. Its reserves stood at about 9.8 months of spending, up from 8.2 in 2011. Staff pay was 52% of spending. $56,499 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
Nantucket Community Music Center'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