Five Points Music Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 82,097 | 123,212 | −41,115 | -4.0 | — |
| 2018 | 312,628 | 292,376 | 20,252 | -0.9 | 0% |
| 2019 | 386,861 | 372,656 | 14,205 | -0.2 | 0% |
| 2020 | 194,389 | 226,454 | −32,065 | -2.1 | — |
| 2021 | 676,471 | 438,359 | 238,112 | 5.5 | 8% |
| 2022 | 623,273 | 704,971 | −81,698 | 2.0 | 6% |
| 2023 | 769,011 | 721,112 | 47,899 | 2.8 | 6% |
In its most recent public year (2023), this organization brought in $47,899 more than it spent. Its reserves stood at about 2.8 months of spending, up from -4 in 2017. Staff pay was 6% 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
Five Points Music Foundation'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