The Iris Music Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 187,968 | 171,806 | 16,162 | 2.1 | — |
| 2022 | 261,160 | 213,885 | 47,275 | 4.0 | 0% |
| 2023 | 461,813 | 334,709 | 127,104 | 5.2 | 59% |
In its most recent public year (2023), this organization brought in $127,104 more than it spent. Its reserves stood at about 5.2 months of spending, up from 2.1 in 2021. Staff pay was 59% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works