Gospel Music Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 13,896 | 37,786 | −23,890 | 24.4 | — |
| 2012 | 3,912 | 6,080 | −2,168 | 147.1 | — |
| 2013 | 0 | 1,198 | −1,198 | 738.4 | — |
| 2015 | 90,145 | 72,644 | 17,501 | 17.7 | — |
| 2016 | 132,855 | 124,234 | 8,621 | 11.2 | — |
| 2017 | 111,299 | 97,154 | 14,145 | 16.1 | — |
| 2018 | 89,528 | 100,040 | −10,512 | 14.3 | — |
| 2019 | 396,204 | 295,851 | 100,353 | 8.9 | 0% |
| 2020 | 79,184 | 95,372 | −16,188 | 25.6 | — |
| 2021 | 433,189 | 211,664 | 221,525 | 24.1 | 0% |
| 2022 | 226,504 | 374,819 | −148,315 | 8.9 | 0% |
| 2023 | 1,028,235 | 243,838 | 784,397 | 236.3 | 0% |
In its most recent public year (2023), this organization brought in $784,397 more than it spent. Its reserves stood at about 236.3 months of spending, up from 24.4 in 2011. Staff pay was 0% 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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