Country Music Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 14,152,198 | 26,338,119 | −12,185,921 | 35.6 | 45% |
| 2021 | 42,243,182 | 27,909,791 | 14,333,391 | 40.1 | 42% |
| 2022 | 56,037,888 | 39,718,258 | 16,319,630 | 33.8 | 41% |
| 2023 | 57,143,980 | 43,095,448 | 14,048,532 | 35.7 | 42% |
In its most recent public year (2023), this organization brought in $14,048,532 more than it spent. Its reserves stood at about 35.7 months of spending. Staff pay was 42% of spending. $4,479,250 of its net assets are donor-restricted.
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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