Music Arts And Community Los Angeles
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 286,498 | 255,416 | 31,082 | 1.5 | 45% |
| 2021 | 700,755 | 661,514 | 39,241 | 1.3 | 53% |
| 2022 | 895,993 | 979,397 | −83,404 | -0.2 | 36% |
| 2023 | 775,548 | 828,597 | −53,049 | 3.1 | 43% |
In its most recent public year (2023), this organization spent $53,049 more than it brought in. Its reserves stood at about 3.1 months of spending, up from 1.5 in 2020. Staff pay was 43% 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
Music Arts And Community Los Angeles'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