Magical Music For Life Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 51,778 | 71,265 | −19,487 | 7.3 | — |
| 2012 | 62,038 | 66,381 | −4,343 | 7.0 | — |
| 2013 | 59,805 | 55,709 | 4,096 | 9.3 | — |
| 2014 | 62,359 | 49,202 | 13,157 | 10.5 | — |
| 2015 | 52,880 | 57,709 | −4,829 | 7.9 | — |
| 2016 | 68,997 | 67,136 | 1,861 | 7.1 | — |
| 2017 | 52,822 | 58,506 | −5,684 | 7.0 | — |
| 2018 | 61,309 | 54,616 | 6,693 | 9.0 | — |
| 2019 | 20,595 | 26,984 | −6,389 | 15.4 | — |
| 2020 | 40,032 | 15,129 | 24,903 | 47.2 | — |
| 2021 | 19 | 15,318 | −15,299 | 34.6 | — |
| 2022 | 15,013 | 14,826 | 187 | 35.9 | — |
| 2023 | 20,798 | 13,088 | 7,710 | 47.8 | — |
In its most recent public year (2023), this organization brought in $7,710 more than it spent. Its reserves stood at about 47.8 months of spending, up from 7.3 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
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