North Metro Music Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 64,719 | 62,869 | 1,850 | 5.8 | — |
| 2021 | 85,123 | 75,020 | 10,103 | 6.5 | — |
| 2022 | 86,808 | 88,648 | −1,840 | 5.2 | — |
| 2023 | 120,727 | 107,218 | 13,509 | 5.8 | — |
In its most recent public year (2023), this organization brought in $13,509 more than it spent. Its reserves stood at about 5.8 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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