West Jersey Music Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 56,957 | 47,125 | 9,832 | 9.4 | — |
| 2022 | 69,098 | 83,296 | −14,198 | 3.3 | — |
| 2023 | 120,233 | 120,904 | −671 | 2.2 | — |
| 2024 | 119,500 | 116,375 | 3,125 | 2.6 | — |
In its most recent public year (2024), this organization brought in $3,125 more than it spent. Its reserves stood at about 2.6 months of spending, down from 9.4 in 2021.
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 2024. 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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