Major Chords For Minors
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 71,162 | 65,787 | 5,375 | 4.8 | — |
| 2015 | 103,605 | 110,456 | −6,851 | 2.1 | — |
| 2016 | 175,944 | 160,348 | 15,596 | 2.6 | — |
| 2017 | 204,678 | 201,850 | 2,828 | 2.2 | 54% |
| 2018 | 83,017 | 97,700 | −14,683 | 3.2 | 62% |
| 2019 | 160,555 | 155,941 | 4,614 | 2.3 | — |
| 2020 | 107,958 | 116,391 | −8,433 | 2.3 | — |
| 2021 | 104,980 | 99,692 | 5,288 | 3.3 | — |
| 2022 | 113,464 | 139,546 | −26,082 | 0.1 | — |
| 2023 | 147,342 | 144,519 | 2,823 | 0.5 | — |
In its most recent public year (2023), this organization brought in $2,823 more than it spent. Its reserves stood at about 0.5 months of spending, down from 4.8 in 2014.
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
Major Chords For Minors'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