New Song Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 14,457,275 | 14,721,921 | −264,646 | 0.5 | 8% |
| 2012 | 16,079,134 | 15,708,937 | 370,197 | 0.8 | 10% |
| 2013 | 17,286,543 | 15,509,405 | 1,777,138 | 2.2 | 9% |
| 2014 | 19,452,515 | 18,387,239 | 1,065,276 | 2.5 | 8% |
| 2015 | 21,858,687 | 19,277,559 | 2,581,128 | 3.9 | 7% |
| 2016 | 20,503,410 | 20,292,697 | 210,713 | 3.8 | 7% |
| 2017 | 18,205,204 | 20,659,708 | −2,454,504 | 1.6 | 8% |
| 2018 | 17,504,660 | 18,986,677 | −1,482,017 | 0.8 | 9% |
| 2019 | 15,548,984 | 16,355,823 | −806,839 | 0.3 | 8% |
| 2020 | 12,982,574 | 13,323,517 | −340,943 | 0.2 | 7% |
| 2021 | 2,130,506 | 4,550,239 | −2,419,733 | 0.2 | 13% |
| 2022 | 14,502,433 | 14,075,827 | 426,606 | 0.4 | 6% |
In its most recent public year (2022), this organization brought in $426,606 more than it spent. Its reserves stood at about 0.4 months of spending. Staff pay was 6% 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 2022. 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
New Song Ministries Inc's IRS filings as a feed — one entry per filing year, through 2022. 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