Spring Texas Music Fest Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 98,267 | 109,471 | −11,204 | -3.1 | — |
| 2018 | 64,144 | 58,708 | 5,436 | -4.8 | — |
| 2019 | 59,275 | 62,759 | −3,484 | -5.1 | — |
| 2020 | 2,430 | 1,726 | 704 | -180.0 | — |
| 2021 | 156,040 | 131,007 | 25,033 | -0.1 | — |
| 2022 | −17,295 | 10,484 | −27,779 | -32.8 | — |
In its most recent public year (2022), this organization spent $27,779 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-32.8 months), down from -3.1 in 2017.
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 2022. 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
Spring Texas Music Fest Inc's IRS filings as a feed — one entry per filing year, through 2022. 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