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

Masters Music Co Of Plano Inc

Mckinney, TX / EIN 72-0910847 / Form 990-EZ / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201153,29155,044−1,75313.4
201233,16340,076−6,91316.3
201372,97645,05227,92421.9
2014−23,74845,414−69,1623.5
201559,13541,04818,0879.1
201662,78261,3501,4326.4
2017162,293132,55629,7375.6
2018134,697135,278−5815.5
2019207,973194,37813,5954.726%
2020110,232100,3969,83610.2
2021118,078116,7061,37210.0
2022189,318163,42525,8939.0
202399,445149,604−50,1595.8

In its most recent public year (2023), this organization spent $50,159 more than it brought in. Its reserves stood at about 5.8 months of spending, down from 13.4 in 2011.

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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