Florida School Music Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 434,555 | 424,215 | 10,340 | 10.6 | 0% |
| 2021 | 398,351 | 336,197 | 62,154 | 16.1 | 0% |
| 2022 | 452,314 | 455,923 | −3,609 | 11.2 | 0% |
| 2023 | 485,937 | 470,236 | 15,701 | 11.3 | 0% |
In its most recent public year (2023), this organization brought in $15,701 more than it spent. Its reserves stood at about 11.3 months of spending. Staff pay was 0% 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
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