Taos School Of Music Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 286,196 | 181,283 | 104,913 | 210.1 | 19% |
| 2021 | 403,318 | 383,436 | 19,882 | 112.8 | 8% |
| 2022 | 563,635 | 466,500 | 97,135 | 74.9 | 14% |
| 2023 | 941,342 | 495,989 | 445,353 | 83.2 | 16% |
In its most recent public year (2023), this organization brought in $445,353 more than it spent. Its reserves stood at about 83.2 months of spending, down from 210.1 in 2020. Staff pay was 16% 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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