Pro Arte Musical Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 348,022 | 293,325 | 54,697 | 2.3 | 21% |
| 2012 | 288,131 | 298,565 | −10,434 | 1.9 | 22% |
| 2013 | 354,935 | 393,156 | −38,221 | 0.2 | 15% |
| 2014 | 289,009 | 276,105 | 12,904 | 0.9 | 22% |
| 2015 | 376,719 | 259,082 | 117,637 | 6.4 | 25% |
| 2016 | 267,093 | 305,655 | −38,562 | 3.9 | 25% |
| 2017 | 0 | 394,419 | −394,419 | 2.8 | 16% |
| 2018 | 269,554 | 290,615 | −21,061 | 3.0 | 17% |
| 2019 | 595,624 | 587,925 | 7,699 | 1.6 | 10% |
| 2020 | 347,134 | 346,227 | 907 | 2.8 | 14% |
| 2021 | 258,158 | 227,524 | 30,634 | 5.9 | 20% |
| 2022 | 303,257 | 319,607 | −16,350 | 3.6 | 10% |
| 2023 | 365,380 | 305,315 | 60,065 | 6.5 | 21% |
In its most recent public year (2023), this organization brought in $60,065 more than it spent. Its reserves stood at about 6.5 months of spending, up from 2.3 in 2011. Staff pay was 21% of spending. $170,428 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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