Metropolitan Washington Dc Federation Of Musicians
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 630,622 | 808,320 | −177,698 | 36.3 | 37% |
| 2021 | 897,232 | 759,751 | 137,481 | 42.0 | 40% |
| 2022 | 992,389 | 779,381 | 213,008 | 36.0 | 38% |
| 2023 | 843,291 | 835,030 | 8,261 | 39.1 | 38% |
In its most recent public year (2023), this organization brought in $8,261 more than it spent. Its reserves stood at about 39.1 months of spending, up from 36.3 in 2020. Staff pay was 38% of spending. $1,402 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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