Music For Young Minds Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 21,058 | 4,499 | 16,559 | 44.2 | — |
| 2022 | 38,502 | 39,836 | −1,334 | 4.6 | — |
| 2023 | 31,047 | 33,734 | −2,687 | 4.5 | — |
In its most recent public year (2023), this organization spent $2,687 more than it brought in. Its reserves stood at about 4.5 months of spending, down from 44.2 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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