Friends Of Musical Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 18,801 | 32,760 | −13,959 | 3.3 | — |
| 2017 | 22,075 | 3,410 | 18,665 | 97.2 | — |
| 2018 | 0 | 2,400 | −2,400 | 126.2 | — |
| 2019 | 11,674 | 14,824 | −3,150 | 17.9 | — |
| 2020 | 0 | 430 | −430 | 604.2 | — |
| 2021 | 460 | 640 | −180 | 402.6 | — |
| 2022 | 0 | 485 | −485 | 519.2 | — |
| 2023 | 2,910 | 6,313 | −3,403 | 33.4 | — |
In its most recent public year (2023), this organization spent $3,403 more than it brought in. Its reserves stood at about 33.4 months of spending, up from 3.3 in 2016.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works