Art Of The Piano
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 205,250 | 0 | 205,250 | — | — |
| 2016 | 4,000 | 48,331 | −44,331 | 40.0 | — |
| 2017 | 377,095 | 141,145 | 235,950 | 33.7 | 24% |
| 2018 | 55,022 | 185,808 | −130,786 | 17.2 | 0% |
| 2019 | 402,324 | 354,484 | 47,840 | 13.4 | 0% |
| 2020 | 187,138 | 162,595 | 24,543 | 30.9 | — |
| 2021 | 82,251 | 102,398 | −20,147 | 46.8 | 0% |
| 2022 | 128,615 | 435,776 | −307,161 | 2.5 | 0% |
| 2023 | 162,370 | 232,041 | −69,671 | 1.1 | — |
In its most recent public year (2023), this organization spent $69,671 more than it brought in. Its reserves stood at about 1.1 months 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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