Lagond Music School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 947,578 | 978,470 | −30,892 | 0.1 | 22% |
| 2013 | 858,205 | 842,067 | 16,138 | 0.3 | 15% |
| 2014 | 680,486 | 630,763 | 49,723 | 1.4 | 16% |
| 2015 | 689,217 | 764,016 | −74,799 | -0.5 | 25% |
| 2016 | 798,677 | 815,296 | −16,619 | -0.7 | 28% |
| 2017 | 816,792 | 766,009 | 50,783 | 0.1 | 10% |
| 2018 | 1,128,253 | 993,688 | 134,565 | 1.7 | 9% |
| 2019 | 1,104,162 | 1,093,720 | 10,442 | 1.6 | 8% |
| 2020 | 1,192,868 | 1,014,565 | 178,303 | 3.8 | 12% |
| 2021 | 797,380 | 917,733 | −120,353 | 2.6 | 21% |
| 2022 | 465,273 | 577,301 | −112,028 | 6.0 | 17% |
| 2023 | 787,932 | 892,297 | −104,365 | 2.3 | 32% |
In its most recent public year (2023), this organization spent $104,365 more than it brought in. Its reserves stood at about 2.3 months of spending, up from 0.1 in 2012. Staff pay was 32% 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
Lagond Music School 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