Earl Scruggs Music Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 97,885 | 48,319 | 49,566 | 12.3 | — |
| 2022 | 5,096 | 2,518 | 2,578 | 248.5 | — |
| 2023 | 112,737 | 2,103 | 110,634 | 472.3 | — |
In its most recent public year (2023), this organization brought in $110,634 more than it spent. Its reserves stood at about 472.3 months of spending, up from 12.3 in 2021.
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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