Healing Sounds Of Music Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 19,398 | 10,526 | 8,872 | 10.1 | — |
| 2019 | 16,572 | 8,974 | 7,598 | 22.0 | — |
| 2020 | 41,662 | 11,827 | 29,835 | 47.0 | — |
| 2021 | 5,368 | 18,215 | −12,847 | 22.0 | — |
| 2022 | 3,570 | 19,725 | −16,155 | 10.5 | — |
| 2023 | 10,620 | 9,464 | 1,156 | 23.4 | — |
In its most recent public year (2023), this organization brought in $1,156 more than it spent. Its reserves stood at about 23.4 months of spending, up from 10.1 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 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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