Elite Music Competition Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 32,647 | 36,159 | −3,512 | 16.8 | — |
| 2018 | 176,957 | 154,577 | 22,380 | 5.7 | — |
| 2019 | 312,903 | 149,119 | 163,784 | 19.1 | 0% |
| 2020 | 120,299 | 123,308 | −3,009 | 10.3 | 0% |
| 2021 | 199,559 | 75,105 | 124,454 | 36.8 | 0% |
| 2022 | 382,542 | 164,210 | 218,332 | 32.8 | 0% |
| 2023 | 387,439 | 382,575 | 4,864 | 7.3 | 42% |
In its most recent public year (2023), this organization brought in $4,864 more than it spent. Its reserves stood at about 7.3 months of spending, down from 16.8 in 2017. Staff pay was 42% 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
Elite Music Competition Corp'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