Young Musicians Of Virginia
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 264,123 | 263,632 | 491 | 1.4 | 17% |
| 2022 | 277,675 | 278,292 | −617 | 1.3 | 16% |
| 2023 | 321,705 | 310,295 | 11,410 | 1.6 | 16% |
| 2024 | 303,652 | 299,604 | 4,048 | 1.8 | 19% |
In its most recent public year (2024), this organization brought in $4,048 more than it spent. Its reserves stood at about 1.8 months of spending. Staff pay was 19% 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 2024. 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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