Heifetz International Music Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 790,101 | 921,656 | −131,555 | 3.0 | 15% |
| 2012 | 721,656 | 784,007 | −62,351 | 2.2 | 16% |
| 2013 | 929,229 | 747,161 | 182,068 | 0.5 | 21% |
| 2014 | 1,140,826 | 780,367 | 360,459 | 1.4 | 24% |
| 2015 | 1,221,260 | 915,058 | 306,202 | 1.3 | 29% |
| 2016 | 1,408,724 | 1,097,485 | 311,239 | 0.4 | 24% |
| 2017 | 1,365,166 | 1,066,889 | 298,277 | 1.5 | 27% |
| 2018 | 1,381,289 | 1,242,856 | 138,433 | 0.7 | 23% |
| 2019 | 1,555,316 | 1,369,417 | 185,899 | 0.8 | 23% |
| 2020 | 882,923 | 910,996 | −28,073 | 0.8 | 34% |
| 2021 | 1,780,872 | 1,314,479 | 466,393 | 4.8 | 24% |
In its most recent public year (2021), this organization brought in $466,393 more than it spent. Its reserves stood at about 4.8 months of spending, up from 3 in 2011. Staff pay was 24% 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 2021. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works