Inspirational Sounds Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 6,554 | 5,708 | 846 | 4.7 | — |
| 2015 | 6,081 | 7,203 | −1,122 | 1.9 | — |
| 2016 | 16,034 | 15,958 | 76 | 0.9 | — |
| 2017 | 12,030 | 12,085 | −55 | 1.1 | — |
| 2018 | 8,106 | 9,137 | −1,031 | 0.1 | — |
| 2019 | 9,284 | 11,621 | −2,337 | -2.3 | — |
| 2020 | 11,154 | 9,248 | 1,906 | -0.4 | — |
| 2021 | 7,170 | 5,416 | 1,754 | 3.2 | — |
| 2022 | 5,350 | 8,426 | −3,076 | -2.3 | — |
In its most recent public year (2022), this organization spent $3,076 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.3 months), down from 4.7 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 2022. 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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