The National Museum Of African American Music
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 201,061 | 254,476 | −53,415 | 121.5 | 35% |
| 2012 | 364,609 | 480,655 | −116,046 | 46.5 | 21% |
| 2014 | 402,038 | 731,875 | −329,837 | 30.6 | 46% |
| 2015 | 1,827,996 | 1,161,735 | 666,261 | 12.9 | 30% |
| 2016 | 1,582,303 | 1,596,365 | −14,062 | 9.6 | 26% |
| 2017 | 3,104,915 | 1,961,850 | 1,143,065 | 15.0 | 26% |
| 2018 | 7,434,505 | 3,212,906 | 4,221,599 | 24.9 | 24% |
| 2019 | 8,393,187 | 2,945,986 | 5,447,201 | 45.3 | 42% |
| 2020 | 16,793,730 | 4,693,568 | 12,100,162 | 59.4 | 38% |
| 2021 | 9,233,015 | 8,893,958 | 339,057 | 31.9 | 24% |
| 2022 | 10,944,465 | 10,462,093 | 482,372 | 27.6 | 24% |
| 2023 | 10,856,936 | 10,117,427 | 739,509 | 29.4 | 31% |
In its most recent public year (2023), this organization brought in $739,509 more than it spent. Its reserves stood at about 29.4 months of spending, down from 121.5 in 2011. Staff pay was 31% of spending. $5,061,379 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
The National Museum Of African American Music's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works