National Museum Of Gospel Music
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 131,312 | 75,082 | 56,230 | 12.7 | 0% |
| 2020 | 56,614 | 71,429 | −14,815 | 10.9 | 26% |
| 2021 | 36,313 | 63,389 | −27,076 | 7.1 | 60% |
| 2022 | 31,708 | 106,266 | −74,558 | -4.2 | 33% |
| 2023 | 2,174,544 | 108,673 | 2,065,871 | 223.6 | 50% |
In its most recent public year (2023), this organization brought in $2,065,871 more than it spent. Its reserves stood at about 223.6 months of spending, up from 12.7 in 2019. Staff pay was 50% 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
National Museum Of Gospel Music'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