Colorado Institute Of Music
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 526,411 | 578,186 | −51,775 | 11.1 | 22% |
| 2012 | 491,276 | 608,155 | −116,879 | 8.2 | 25% |
| 2013 | 443,111 | 522,557 | −79,446 | 7.4 | 31% |
| 2014 | 420,628 | 482,280 | −61,652 | 6.5 | 32% |
| 2015 | 438,684 | 566,189 | −127,505 | 2.8 | 26% |
| 2016 | 449,292 | 492,612 | −43,320 | 2.6 | 16% |
| 2017 | 346,842 | 452,106 | −105,264 | 0.0 | 32% |
| 2018 | 9,689 | 8,946 | 743 | 1.0 | — |
| 2019 | 260,805 | 316,551 | −55,746 | -2.3 | 0% |
| 2020 | 39,337 | 30,067 | 9,270 | -20.7 | — |
| 2021 | 300,732 | 294,423 | 6,309 | -1.9 | 0% |
| 2022 | 369,653 | 389,745 | −20,092 | -2.0 | 0% |
| 2023 | 393,243 | 360,979 | 32,264 | -1.1 | 0% |
In its most recent public year (2023), this organization brought in $32,264 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.1 months), down from 11.1 in 2011. 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
Colorado Institute Of Music'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