Topsail High School Music Boosters Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 86,906 | 81,634 | 5,272 | 6.8 | — |
| 2021 | 27,953 | 14,161 | 13,792 | 52.4 | — |
| 2022 | 197,877 | 168,589 | 29,288 | 6.5 | 0% |
| 2023 | 79,698 | 95,858 | −16,160 | 9.4 | — |
| 2024 | 126,109 | 136,711 | −10,602 | 5.7 | — |
In its most recent public year (2024), this organization spent $10,602 more than it brought in. Its reserves stood at about 5.7 months of spending, down from 6.8 in 2020.
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 2024. 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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