Liberty Band Boosters
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 47,640 | 66,404 | −18,764 | 26.0 | — |
| 2021 | 47,113 | 26,211 | 20,902 | 75.4 | — |
| 2022 | 58,225 | 54,337 | 3,888 | 37.2 | — |
| 2023 | 26,782 | 21,598 | 5,184 | 96.5 | — |
In its most recent public year (2023), this organization brought in $5,184 more than it spent. Its reserves stood at about 96.5 months of spending, up from 26 in 2020.
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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