Midway Band Backers
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 50,307 | 35,831 | 14,476 | 10.3 | — |
| 2017 | 53,167 | 67,125 | −13,958 | 3.0 | — |
| 2018 | 97,094 | 89,793 | 7,301 | 4.6 | — |
| 2019 | 96,086 | 99,353 | −3,267 | 3.8 | — |
| 2020 | 101,741 | 109,589 | −7,848 | 2.5 | — |
| 2021 | 30,115 | 30,988 | −873 | 8.7 | — |
| 2022 | 89,741 | 72,939 | 16,802 | 6.4 | — |
| 2023 | 106,345 | 82,320 | 24,025 | 9.2 | — |
| 2024 | 124,947 | 129,540 | −4,593 | 5.4 | — |
In its most recent public year (2024), this organization spent $4,593 more than it brought in. Its reserves stood at about 5.4 months of spending, down from 10.3 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 2024. 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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