Milwaukee Jazz Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 94,835 | 61,299 | 33,536 | 6.6 | — |
| 2021 | 120,171 | 114,130 | 6,041 | 4.2 | — |
| 2022 | 240,279 | 187,447 | 52,832 | 5.9 | 21% |
| 2023 | 240,538 | 234,611 | 5,927 | 5.0 | 21% |
In its most recent public year (2023), this organization brought in $5,927 more than it spent. Its reserves stood at about 5 months of spending, down from 6.6 in 2020. Staff pay was 21% 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
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