1 Million Guitars
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 102,590 | 97,003 | 5,587 | 0.7 | — |
| 2019 | 8,323 | 5,041 | 3,282 | 21.1 | — |
| 2020 | 13,426 | 20 | 13,406 | 13365.0 | — |
| 2021 | 33,181 | 29,476 | 3,705 | 10.6 | — |
In its most recent public year (2021), this organization brought in $3,705 more than it spent. Its reserves stood at about 10.6 months of spending, up from 0.7 in 2018.
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 2021. 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
1 Million Guitars's IRS filings as a feed — one entry per filing year, through 2021. 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