everyledgerAn index of 587,017 U.S. nonprofits · computed from public IRS filings · current through 2024

Kings Musician Inc

Beaumont, TX / EIN 76-0117768 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201969,65490,402−20,74829.065%
202075,378115,008−39,63018.751%
2021101,55496,8744,68022.860%
202280,83895,608−14,77068.361%
202382,02299,965−17,94363.258%

In its most recent public year (2023), this organization spent $17,943 more than it brought in. Its reserves stood at about 63.2 months of spending, up from 29 in 2019. Staff pay was 58% 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 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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