Musica Franklin Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 57,011 | 44,480 | 12,531 | 3.4 | — |
| 2017 | 71,505 | 33,862 | 37,643 | 17.8 | — |
| 2018 | 55,462 | 46,570 | 8,892 | 15.2 | — |
| 2019 | 145,116 | 87,671 | 57,445 | 15.9 | — |
| 2020 | 126,347 | 102,584 | 23,763 | 16.4 | — |
| 2021 | 226,117 | 157,975 | 68,142 | 15.8 | 75% |
| 2022 | 262,134 | 187,252 | 74,882 | 18.2 | 67% |
| 2023 | 229,947 | 256,573 | −26,626 | 12.0 | 62% |
In its most recent public year (2023), this organization spent $26,626 more than it brought in. Its reserves stood at about 12 months of spending, up from 3.4 in 2016. Staff pay was 62% of spending. $23,977 of its net assets are donor-restricted.
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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