Boston Music Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 12,574 | 7,726 | 4,848 | 7.5 | — |
| 2017 | 19,497 | 18,139 | 1,358 | 4.1 | 0% |
| 2018 | 77,751 | 65,002 | 12,749 | 3.0 | 4% |
| 2019 | 66,312 | 75,631 | −9,319 | 1.1 | 3% |
| 2020 | 55,005 | 29,859 | 25,146 | 13.0 | 0% |
| 2021 | 2,157 | 5,667 | −3,510 | 61.0 | 0% |
In its most recent public year (2021), this organization spent $3,510 more than it brought in. Its reserves stood at about 61 months of spending, up from 7.5 in 2016. Staff pay was 0% 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 2021. 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
Boston Music Institute Inc's IRS filings as a feed — one entry per filing year, through 2021. 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