Eastern Music Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,235,494 | 2,263,886 | −28,392 | 8.6 | 38% |
| 2012 | 2,203,466 | 2,350,952 | −147,486 | 8.9 | 37% |
| 2013 | 2,478,966 | 2,470,431 | 8,535 | 9.5 | 40% |
| 2014 | 1,992,442 | 2,436,341 | −443,899 | 8.4 | 39% |
| 2015 | 1,959,941 | 2,505,445 | −545,504 | 5.6 | 39% |
| 2016 | 2,048,580 | 2,263,054 | −214,474 | 5.1 | 46% |
| 2017 | 2,167,292 | 2,334,231 | −166,939 | 4.6 | 45% |
| 2018 | 2,317,373 | 2,320,705 | −3,332 | 5.4 | 44% |
| 2019 | 2,708,392 | 2,377,610 | 330,782 | 7.4 | 44% |
| 2021 | 1,894,689 | 1,845,946 | 48,743 | 14.6 | 49% |
| 2022 | 2,172,251 | 2,353,536 | −181,285 | 9.2 | 44% |
| 2023 | 2,225,216 | 2,580,632 | −355,416 | 7.3 | 42% |
In its most recent public year (2023), this organization spent $355,416 more than it brought in. Its reserves stood at about 7.3 months of spending, down from 8.6 in 2011. Staff pay was 42% of spending. $1,185,588 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
Eastern Music Festival 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