Sound Art
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 345,744 | 372,585 | −26,841 | 1.1 | 35% |
| 2012 | 451,612 | 396,706 | 54,906 | 2.7 | 33% |
| 2013 | 472,625 | 394,052 | 78,573 | 5.1 | 45% |
| 2014 | 443,105 | 445,626 | −2,521 | 4.4 | 42% |
| 2015 | 374,467 | 378,350 | −3,883 | 5.1 | 52% |
| 2016 | 547,491 | 570,129 | −22,638 | 2.9 | 34% |
| 2017 | 437,645 | 353,475 | 84,170 | 7.5 | 43% |
| 2018 | 53,604 | 153,058 | −99,454 | 9.6 | — |
| 2019 | 975,183 | 349,627 | 625,556 | 25.7 | 47% |
| 2020 | 153,006 | 347,679 | −194,673 | 19.1 | 65% |
| 2021 | 1,632,821 | 290,023 | 1,342,798 | 79.5 | 73% |
| 2022 | 204,214 | 313,410 | −109,196 | 66.6 | 70% |
| 2023 | 247,666 | 256,249 | −8,583 | 89.9 | 72% |
| 2024 | 245,193 | 285,499 | −40,306 | 84.7 | 73% |
In its most recent public year (2024), this organization spent $40,306 more than it brought in. Its reserves stood at about 84.7 months of spending, up from 1.1 in 2011. Staff pay was 73% 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 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
Sound Art's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works