Soundexchange Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,984,008 | 21,035,202 | −51,194 | 0.6 | 26% |
| 2012 | 25,681,137 | 25,669,401 | 11,736 | 0.5 | 32% |
| 2013 | 34,799,129 | 34,451,660 | 347,469 | 0.4 | 32% |
| 2014 | 42,457,320 | 42,210,138 | 247,182 | 0.3 | 32% |
| 2015 | 47,876,057 | 46,125,561 | 1,750,496 | 0.8 | 35% |
| 2016 | 56,442,753 | 53,636,360 | 2,806,393 | 1.2 | 33% |
| 2017 | 63,607,709 | 57,738,723 | 5,868,986 | 2.3 | 33% |
| 2018 | 68,273,280 | 57,785,089 | 10,488,191 | 4.5 | 34% |
| 2019 | 66,777,189 | 62,378,660 | 4,398,529 | 6.2 | 34% |
| 2020 | 62,047,984 | 61,935,976 | 112,008 | 8.1 | 37% |
| 2021 | 68,696,516 | 67,251,701 | 1,444,815 | 8.3 | 39% |
| 2022 | 80,022,837 | 76,735,490 | 3,287,347 | 7.7 | 36% |
| 2023 | 99,235,665 | 81,387,347 | 17,848,318 | 10.8 | 39% |
In its most recent public year (2023), this organization brought in $17,848,318 more than it spent. Its reserves stood at about 10.8 months of spending, up from 0.6 in 2011. Staff pay was 39% 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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