Community Music Center Of Houston
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 114,813 | 130,797 | −15,984 | 0.0 | — |
| 2020 | 153,369 | 117,442 | 35,927 | 4.7 | — |
| 2021 | 386,018 | 172,930 | 213,088 | 13.8 | 0% |
| 2022 | 244,285 | 263,060 | −18,775 | 9.4 | 0% |
In its most recent public year (2022), this organization spent $18,775 more than it brought in. Its reserves stood at about 9.4 months of spending, up from 0 in 2019. Staff pay was 0% 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 2022. 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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