Hapco Music Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 78,007 | 76,566 | 1,441 | 0.1 | — |
| 2017 | 94,214 | 94,025 | 189 | 0.1 | — |
| 2018 | 57,987 | 57,604 | 383 | 0.3 | — |
| 2020 | 58,942 | 53,555 | 5,387 | 1.8 | — |
| 2021 | 56,886 | 56,248 | 638 | 1.9 | — |
| 2022 | 86,630 | 82,122 | 4,508 | 1.9 | — |
| 2023 | 117,885 | 116,342 | 1,543 | 1.5 | — |
In its most recent public year (2023), this organization brought in $1,543 more than it spent. Its reserves stood at about 1.5 months of spending, up from 0.1 in 2016.
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
Hapco Music Foundation 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