Glorystar Music Education And Cultural Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 100,781 | 93,042 | 7,739 | 21.0 | — |
| 2013 | 184,218 | 173,476 | 10,742 | 12.0 | 31% |
| 2014 | 174,981 | 159,419 | 15,562 | 14.3 | 40% |
| 2015 | 168,137 | 173,347 | −5,210 | 12.7 | 50% |
| 2016 | 192,928 | 215,509 | −22,581 | 9.2 | 44% |
| 2017 | 185,271 | 149,701 | 35,570 | 16.1 | 51% |
| 2018 | 169,767 | 164,574 | 5,193 | 14.2 | 55% |
| 2019 | 127,808 | 154,144 | −26,336 | 13.5 | 67% |
| 2020 | 172,963 | 142,015 | 30,948 | 17.9 | 70% |
| 2021 | 144,842 | 111,646 | 33,196 | 26.3 | 76% |
| 2022 | 143,742 | 141,952 | 1,790 | 20.7 | 66% |
| 2023 | 193,048 | 169,618 | 23,430 | 18.9 | 59% |
In its most recent public year (2023), this organization brought in $23,430 more than it spent. Its reserves stood at about 18.9 months of spending, down from 21 in 2012. Staff pay was 59% 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 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
Glorystar Music Education And Cultural Foundation 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