Inspirational Country Music Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | −37,768 | 22,976 | −60,744 | 0.0 | — |
| 2017 | 17,034 | 7,693 | 9,341 | -79.6 | — |
| 2018 | 263,322 | 263,711 | −389 | -2.3 | 0% |
| 2019 | 135,961 | 160,080 | −24,119 | -5.7 | — |
| 2020 | 24,435 | 26,635 | −2,200 | -35.0 | — |
| 2021 | 57,544 | 40,840 | 16,704 | -18.0 | — |
| 2022 | 92,772 | 62,903 | 29,869 | -6.0 | — |
| 2023 | 51,041 | 55,820 | −4,779 | -8.3 | — |
In its most recent public year (2023), this organization spent $4,779 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8.3 months), down from 0 in 2016.
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
Inspirational Country Music Association 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