White Lake Music Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 3,969 | 0 | 3,969 | — | — |
| 2018 | 54,947 | 48,642 | 6,305 | 2.5 | — |
| 2019 | 58,187 | 56,712 | 1,475 | 2.5 | — |
| 2020 | 37,453 | 27,415 | 10,038 | 9.5 | — |
| 2021 | 30,664 | 42,411 | −11,747 | 2.8 | — |
| 2022 | 48,583 | 60,395 | −11,812 | 0.8 | — |
| 2023 | 43,491 | 38,749 | 4,742 | 3.1 | — |
In its most recent public year (2023), this organization brought in $4,742 more than it spent. Its reserves stood at about 3.1 months 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
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