everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Visible Music College

Memphis, TN / EIN 62-1861520 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20113,000,6442,203,907796,73711.939%
20123,863,7113,997,648−133,9376.130%
20134,133,7653,485,700648,0659.333%
20143,370,7283,369,3091,4199.641%
20153,990,2753,815,482174,7939.041%
20165,527,2403,959,3611,567,87913.438%
20174,062,9893,752,492310,49715.239%
20182,841,1283,593,602−752,47413.352%
20194,047,5904,017,18730,40312.058%
20203,800,8694,257,300−456,43110.147%
20214,938,3735,748,839−810,4666.434%
20225,534,2336,078,138−543,9054.935%
20234,711,6675,929,262−1,217,5952.531%

In its most recent public year (2023), this organization spent $1,217,595 more than it brought in. Its reserves stood at about 2.5 months of spending, down from 11.9 in 2011. Staff pay was 31% 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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