Sounds Of Success Music
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 1,250 | 6,393 | −5,143 | 0.0 | — |
| 2020 | 107,149 | 102,946 | 4,203 | 0.0 | — |
| 2021 | 67,357 | 67,347 | 10 | 0.0 | — |
| 2022 | 66,017 | 53,874 | 12,143 | 0.0 | — |
In its most recent public year (2022), this organization brought in $12,143 more than it spent. Its reserves stood at about 0 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 2022. 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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