Catholic Music Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 94,704 | 79,762 | 14,942 | 2.5 | — |
| 2021 | 309,938 | 276,872 | 33,066 | 1.8 | 87% |
| 2022 | 246,980 | 262,278 | −15,298 | 1.2 | 82% |
| 2023 | 314,591 | 293,844 | 20,747 | 2.1 | 27% |
In its most recent public year (2023), this organization brought in $20,747 more than it spent. Its reserves stood at about 2.1 months of spending. Staff pay was 27% 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
Catholic Music Initiative Inc'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