Minnesota Music Teachers Association Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 20,649 | 23,418 | −2,769 | 171.8 | — |
| 2013 | 16,040 | 24,296 | −8,256 | 183.7 | — |
| 2014 | 23,442 | 27,134 | −3,692 | 171.8 | — |
| 2015 | 23,971 | 25,785 | −1,814 | 175.8 | — |
| 2016 | 28,336 | 34,220 | −5,884 | 128.5 | — |
| 2017 | 22,422 | 27,321 | −4,899 | 167.0 | — |
| 2018 | 55,593 | 32,145 | 23,448 | 145.5 | — |
| 2019 | 21,224 | 37,819 | −16,595 | 120.5 | — |
| 2020 | 29,060 | 11,857 | 17,203 | 406.1 | — |
| 2021 | 19,183 | 18,565 | 618 | 297.4 | — |
| 2023 | 15,274 | 40,402 | −25,128 | 119.5 | — |
| 2024 | 14,531 | 30,994 | −16,463 | 167.2 | — |
In its most recent public year (2024), this organization spent $16,463 more than it brought in. Its reserves stood at about 167.2 months of spending, down from 171.8 in 2012.
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 2024. 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
Minnesota Music Teachers Association Foundation's IRS filings as a feed — one entry per filing year, through 2024. 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