Music Brings Life Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 3,147 | 3,472 | −325 | -0.8 | 0% |
| 2016 | 3,147 | 3,472 | −325 | -0.8 | 0% |
| 2017 | 7,690 | 5,612 | 2,078 | 3.9 | 0% |
| 2018 | 1,406 | 1,452 | −46 | 14.8 | 0% |
| 2019 | 10,518 | 8,225 | 2,293 | 6.0 | 0% |
| 2020 | 21,838 | 28,136 | −6,298 | -0.9 | 0% |
| 2021 | 7,763 | 5,786 | 1,977 | -0.5 | 0% |
In its most recent public year (2021), this organization brought in $1,977 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.5 months). 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 2021. 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
Music Brings Life Inc's IRS filings as a feed — one entry per filing year, through 2021. 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