Music Business Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 801,917 | 1,711,389 | −909,472 | 0.1 | 61% |
| 2021 | 1,394,029 | 1,208,805 | 185,224 | 4.8 | 57% |
| 2022 | 2,472,439 | 1,853,409 | 619,030 | 6.9 | 52% |
| 2023 | 3,069,550 | 2,116,300 | 953,250 | 11.5 | 49% |
In its most recent public year (2023), this organization brought in $953,250 more than it spent. Its reserves stood at about 11.5 months of spending, up from 0.1 in 2020. Staff pay was 49% 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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