Local Oklahoma Music Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 79,315 | 20,570 | 58,745 | 34.3 | — |
| 2017 | 160,571 | 164,649 | −4,078 | 3.2 | — |
| 2018 | 104,737 | 143,690 | −38,953 | 0.4 | — |
| 2019 | 30,398 | 11,637 | 18,761 | 24.3 | — |
| 2020 | 91,002 | 112,531 | −21,529 | 0.2 | — |
| 2021 | 68,653 | 39,886 | 28,767 | 9.3 | — |
| 2022 | 128,433 | 115,270 | 13,163 | 4.6 | — |
| 2023 | 213,688 | 217,492 | −3,804 | 2.2 | 0% |
In its most recent public year (2023), this organization spent $3,804 more than it brought in. Its reserves stood at about 2.2 months of spending, down from 34.3 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 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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