Twny Music Guild Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,610 | 7,723 | −6,113 | -4.9 | — |
| 2020 | 6,000 | 601 | 5,399 | 44.5 | — |
| 2023 | 0 | 2,315 | −2,315 | -3.8 | 0% |
In its most recent public year (2023), this organization spent $2,315 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.8 months), up from -4.9 in 2019. 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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