Midlothian High School Band Boosters
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 6,771 | 6,848 | −77 | 155.2 | — |
| 2022 | 238,912 | 176,663 | 62,249 | 10.2 | 0% |
| 2023 | 118,548 | 162,187 | −43,639 | 7.9 | — |
| 2024 | 78,218 | 91,705 | −13,487 | 12.1 | — |
In its most recent public year (2024), this organization spent $13,487 more than it brought in. Its reserves stood at about 12.1 months of spending, down from 155.2 in 2021.
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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