New Orleans Musical Legends Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 133,636 | 83,623 | 50,013 | 8.8 | — |
| 2012 | 131,567 | 109,408 | 22,159 | 9.1 | — |
| 2013 | 170,715 | 127,499 | 43,216 | 11.9 | — |
| 2014 | 96,588 | 96,534 | 54 | 15.7 | — |
| 2015 | 1,750 | 47,611 | −45,861 | 20.3 | — |
| 2016 | 18,930 | 58,887 | −39,957 | 8.3 | — |
| 2017 | 4,000 | 26,478 | −22,478 | 8.3 | — |
| 2018 | 0 | 6,093 | −6,093 | 24.0 | — |
| 2019 | 10,530 | 18,513 | −7,983 | 2.7 | — |
| 2020 | 0 | 2,420 | −2,420 | 8.8 | — |
| 2021 | 0 | 1,231 | −1,231 | 5.3 | — |
In its most recent public year (2021), this organization spent $1,231 more than it brought in. Its reserves stood at about 5.3 months of spending, down from 8.8 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 2021. 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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