Music Lessons Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 91,968 | 29,899 | 62,069 | 24.9 | — |
| 2020 | 55,572 | 46,430 | 9,142 | 18.4 | — |
| 2021 | 46,320 | 28,971 | 17,349 | 36.7 | — |
| 2022 | 53,848 | 39,163 | 14,685 | 31.6 | — |
| 2023 | 68,366 | 63,776 | 4,590 | 20.3 | — |
| 2024 | 103,953 | 75,637 | 28,316 | 21.6 | — |
In its most recent public year (2024), this organization brought in $28,316 more than it spent. Its reserves stood at about 21.6 months of spending, down from 24.9 in 2019.
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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