Foundation For The Advancement Of Music & Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 64,720 | 46,953 | 17,767 | 7.5 | 5% |
| 2011 | 75,366 | 72,150 | 3,216 | 2.0 | 9% |
| 2012 | 201,477 | 201,100 | 377 | 1.3 | 4% |
| 2013 | 208,695 | 139,663 | 69,032 | 4.3 | 20% |
| 2014 | 283,245 | 283,514 | −269 | 2.1 | 10% |
| 2015 | 367,876 | 312,667 | 55,209 | 1.9 | 24% |
| 2016 | 405,154 | 320,859 | 84,295 | 5.3 | 19% |
| 2017 | 429,420 | 316,413 | 113,007 | 4.8 | 18% |
| 2018 | 519,939 | 473,010 | 46,929 | 5.7 | 13% |
| 2019 | 579,673 | 526,748 | 52,925 | 4.5 | 18% |
| 2020 | 534,939 | 481,591 | 53,348 | 3.9 | 28% |
| 2021 | 667,234 | 629,584 | 37,650 | 3.9 | 29% |
| 2022 | 590,910 | 714,604 | −123,694 | 1.5 | 28% |
| 2023 | 766,379 | 661,154 | 105,225 | 3.5 | 28% |
In its most recent public year (2023), this organization brought in $105,225 more than it spent. Its reserves stood at about 3.5 months of spending, down from 7.5 in 2010. Staff pay was 28% 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 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works