Helping Our Music Evolve Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 111,574 | 220,584 | −109,010 | -5.9 | — |
| 2019 | 216,501 | 227,157 | −10,656 | -6.3 | 14% |
| 2020 | 149,417 | 264,902 | −115,485 | -10.6 | — |
| 2021 | 322,488 | 355,166 | −32,678 | -8.3 | 28% |
| 2022 | 268,529 | 391,826 | −123,297 | -11.3 | 41% |
| 2023 | 258,998 | 374,392 | −115,394 | -15.5 | 24% |
In its most recent public year (2023), this organization spent $115,394 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-15.5 months), down from -5.9 in 2018. Staff pay was 24% 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
Helping Our Music Evolve Inc's IRS filings as a feed — one entry per filing year, through 2023. 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