Grace Notes Community Music School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 30,275 | 19,155 | 11,120 | 7.0 | — |
| 2020 | 97,057 | 96,710 | 347 | 1.4 | — |
| 2021 | 70,694 | 78,675 | −7,981 | 0.5 | — |
| 2022 | 101,321 | 99,638 | 1,683 | 0.6 | — |
In its most recent public year (2022), this organization brought in $1,683 more than it spent. Its reserves stood at about 0.6 months of spending, down from 7 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 2022. 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
Grace Notes Community Music School's IRS filings as a feed — one entry per filing year, through 2022. 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