The Music Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 489,343 | 460,006 | 29,337 | 25.1 | 2% |
| 2013 | 507,224 | 475,666 | 31,558 | 26.4 | 1% |
| 2014 | 530,969 | 429,255 | 101,714 | 34.6 | 1% |
| 2015 | 915,727 | 510,408 | 405,319 | 37.6 | 0% |
| 2016 | 541,999 | 595,942 | −53,943 | 30.0 | 0% |
| 2017 | 538,265 | 436,184 | 102,081 | 45.8 | 0% |
| 2018 | 550,212 | 436,926 | 113,286 | 48.6 | 0% |
| 2019 | 593,398 | 446,638 | 146,760 | 52.2 | 0% |
| 2020 | 539,896 | 393,279 | 146,617 | 64.3 | 0% |
| 2021 | 485,900 | 343,613 | 142,287 | 88.0 | 0% |
| 2022 | 523,321 | 312,238 | 211,083 | 88.6 | 0% |
| 2023 | 518,668 | 438,377 | 80,291 | 68.5 | 0% |
In its most recent public year (2023), this organization brought in $80,291 more than it spent. Its reserves stood at about 68.5 months of spending, up from 25.1 in 2012. Staff pay was 0% of spending. $646,076 of its net assets are donor-restricted.
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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