Groundwork Music Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 44,093 | 51,587 | −7,494 | 4.5 | 48% |
| 2012 | 49,164 | 54,351 | −5,187 | 3.1 | 51% |
| 2013 | 51,205 | 53,165 | −1,960 | 2.7 | 39% |
| 2014 | 50,471 | 61,640 | −11,169 | 0.2 | 43% |
| 2015 | 80,169 | 85,133 | −4,964 | -0.6 | 39% |
| 2016 | 78,159 | 88,660 | −10,501 | -2.0 | — |
| 2017 | 112,105 | 107,434 | 4,671 | -1.1 | — |
| 2018 | 123,017 | 109,406 | 13,611 | 0.4 | — |
| 2019 | 124,381 | 127,396 | −3,015 | 0.1 | — |
| 2020 | 81,982 | 94,100 | −12,118 | -1.4 | — |
| 2021 | 67,226 | 71,861 | −4,635 | -2.7 | — |
| 2022 | 105,218 | 103,559 | 1,659 | -1.7 | — |
| 2023 | 102,421 | 85,884 | 16,537 | 0.3 | — |
In its most recent public year (2023), this organization brought in $16,537 more than it spent. Its reserves stood at about 0.3 months of spending, down from 4.5 in 2011.
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
Groundwork Music Project Inc'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