Gospel Christian Music Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 45,538 | 10,000 | 35,538 | 94.7 | — |
| 2021 | 164,205 | 8,400 | 155,805 | 335.3 | — |
| 2022 | 237,529 | 138,051 | 99,478 | 29.0 | 0% |
| 2023 | 158,565 | 256,793 | −98,228 | 11.0 | 0% |
In its most recent public year (2023), this organization spent $98,228 more than it brought in. Its reserves stood at about 11 months of spending, down from 94.7 in 2020. Staff pay was 0% 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 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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