B H Music Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,629,830 | 5,482,957 | −3,853,127 | 127.0 | 7% |
| 2021 | 1,813,367 | 5,270,887 | −3,457,520 | 124.8 | 7% |
| 2022 | 2,437,991 | 6,133,168 | −3,695,177 | 99.7 | 8% |
| 2023 | 6,557,492 | 5,877,046 | 680,446 | 105.3 | 11% |
In its most recent public year (2023), this organization brought in $680,446 more than it spent. Its reserves stood at about 105.3 months of spending, down from 127 in 2020. Staff pay was 11% of spending. $1,203,026 of its net assets are donor-restricted.
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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