Academie Musique
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 203,689 | 191,704 | 11,985 | 1.2 | 82% |
| 2018 | 270,265 | 274,728 | −4,463 | 0.6 | 82% |
| 2019 | 295,317 | 307,978 | −12,661 | 0.8 | 76% |
| 2021 | 235,235 | 302,604 | −67,369 | 0.4 | 71% |
| 2022 | 318,452 | 309,434 | 9,018 | 0.7 | 71% |
| 2023 | 465,506 | 316,853 | 148,653 | 6.3 | 72% |
In its most recent public year (2023), this organization brought in $148,653 more than it spent. Its reserves stood at about 6.3 months of spending, up from 1.2 in 2017. Staff pay was 72% 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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