Garth Newel Music Center Foundation Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 633,164 | 560,090 | 73,074 | 59.1 | 48% |
| 2011 | 945,015 | 1,006,962 | −61,947 | 31.6 | 44% |
| 2012 | 1,353,609 | 1,120,743 | 232,866 | 32.1 | 50% |
| 2013 | 1,943,668 | 1,264,826 | 678,842 | 35.0 | 48% |
| 2014 | 1,295,539 | 1,305,620 | −10,081 | 34.1 | 48% |
| 2015 | 1,205,970 | 1,270,675 | −64,705 | 34.2 | 50% |
| 2016 | 1,267,235 | 1,281,505 | −14,270 | 33.9 | 52% |
| 2017 | 1,744,743 | 1,316,250 | 428,493 | 38.5 | 53% |
| 2018 | 1,761,306 | 1,420,531 | 340,775 | 35.2 | 43% |
| 2019 | 1,826,787 | 1,419,110 | 407,677 | 41.7 | 45% |
| 2020 | 4,498,403 | 1,139,129 | 3,359,274 | 90.2 | 46% |
| 2021 | 3,286,449 | 1,280,459 | 2,005,990 | 103.3 | 41% |
| 2022 | 2,377,446 | 1,490,338 | 887,108 | 84.4 | 44% |
| 2023 | 3,272,677 | 1,769,836 | 1,502,841 | 85.3 | 45% |
In its most recent public year (2023), this organization brought in $1,502,841 more than it spent. Its reserves stood at about 85.3 months of spending, up from 59.1 in 2010. Staff pay was 45% of spending. $8,402,405 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
Garth Newel Music Center Foundation Corp'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