A New Song International
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 66,779 | 22,314 | 44,465 | 47.8 | — |
| 2018 | 86,611 | 100,216 | −13,605 | -1.6 | — |
| 2019 | 106,362 | 106,242 | 120 | 3.5 | — |
| 2020 | 178,999 | 190,244 | −11,245 | 1.2 | — |
| 2021 | 162,526 | 144,500 | 18,026 | 2.6 | — |
| 2023 | 114,468 | 116,693 | −2,225 | 2.4 | — |
In its most recent public year (2023), this organization spent $2,225 more than it brought in. Its reserves stood at about 2.4 months of spending, down from 47.8 in 2017.
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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