Palama Muziq Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 62,030 | 60,964 | 1,066 | 0.2 | 42% |
| 2015 | 75,929 | 71,440 | 4,489 | 0.9 | 38% |
| 2016 | 117,773 | 109,787 | 7,986 | 1.5 | 42% |
| 2017 | 146,959 | 138,228 | 8,731 | 1.9 | 44% |
| 2018 | 150,371 | 142,796 | 7,575 | 2.5 | 43% |
| 2019 | 160,118 | 161,818 | −1,700 | 2.1 | 37% |
| 2020 | 173,299 | 164,957 | 8,342 | 2.7 | 54% |
| 2021 | 164,134 | 178,071 | −13,937 | 1.5 | 55% |
| 2022 | 150,060 | 146,774 | 3,286 | 2.1 | 54% |
| 2023 | 226,153 | 197,859 | 28,294 | 3.3 | 48% |
In its most recent public year (2023), this organization brought in $28,294 more than it spent. Its reserves stood at about 3.3 months of spending, up from 0.2 in 2014. Staff pay was 48% 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
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