Connecticut Music Educators Assn Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 441,645 | 462,004 | −20,359 | 22.7 | 15% |
| 2021 | 224,282 | 391,024 | −166,742 | 22.6 | 19% |
| 2022 | 660,296 | 705,778 | −45,482 | 11.6 | 11% |
| 2023 | 830,978 | 964,764 | −133,786 | 6.4 | 6% |
In its most recent public year (2023), this organization spent $133,786 more than it brought in. Its reserves stood at about 6.4 months of spending, down from 22.7 in 2020. Staff pay was 6% 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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