Lamar Stringfield Music Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 64,305 | 49,853 | 14,452 | 3.5 | — |
| 2020 | 9,593 | 14,858 | −5,265 | 7.4 | — |
| 2021 | 5,780 | 4,687 | 1,093 | 26.3 | — |
| 2023 | 84,133 | 57,257 | 26,876 | 9.2 | — |
In its most recent public year (2023), this organization brought in $26,876 more than it spent. Its reserves stood at about 9.2 months of spending, up from 3.5 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 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
Lamar Stringfield Music Institute's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works