Society For New Music
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 131,128 | 120,786 | 10,342 | 3.2 | — |
| 2013 | 93,470 | 115,922 | −22,452 | 1.0 | — |
| 2014 | 127,993 | 112,726 | 15,267 | 2.7 | — |
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 98,936 | 100,411 | −1,475 | 3.2 | — |
| 2017 | 148,450 | 137,346 | 11,104 | 3.3 | — |
| 2018 | 130,498 | 140,054 | −9,556 | 2.4 | — |
| 2019 | 166,286 | 151,080 | 15,206 | 3.5 | — |
| 2020 | 111,035 | 112,811 | −1,776 | 4.5 | — |
| 2021 | 100,157 | 67,204 | 32,953 | 13.4 | — |
| 2022 | 155,020 | 152,687 | 2,333 | 6.1 | — |
| 2023 | 173,795 | 122,411 | 51,384 | 12.6 | — |
| 2024 | 202,138 | 148,941 | 53,197 | 14.7 | 13% |
In its most recent public year (2024), this organization brought in $53,197 more than it spent. Its reserves stood at about 14.7 months of spending, up from 3.2 in 2012. Staff pay was 13% of spending.
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 2024. 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
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