Island Time Music Festival
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 26,559 | 155 | 26,404 | 2044.2 | — |
| 2017 | 43,684 | 368 | 43,316 | 2273.5 | — |
| 2018 | 116,168 | 44,307 | 71,861 | 38.3 | 0% |
| 2019 | 112,616 | 63,097 | 49,519 | 36.3 | 0% |
| 2020 | 31,110 | 67,319 | −36,209 | 27.6 | 0% |
In its most recent public year (2020), this organization spent $36,209 more than it brought in. Its reserves stood at about 27.6 months of spending, down from 2044.2 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 2020. 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
Island Time Music Festival's IRS filings as a feed — one entry per filing year, through 2020. 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