Richards Institute Of Education Through Music
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 351,197 | 371,607 | −20,410 | 1.0 | 39% |
| 2012 | 366,439 | 367,150 | −711 | 1.1 | 39% |
| 2013 | 336,542 | 383,357 | −46,815 | -0.4 | 25% |
| 2014 | 309,666 | 322,446 | −12,780 | -0.9 | 29% |
| 2015 | 359,593 | 298,947 | 60,646 | 1.4 | 28% |
| 2016 | 286,220 | 249,408 | 36,812 | 3.5 | 30% |
| 2017 | 201,866 | 240,552 | −38,686 | 1.8 | 29% |
| 2018 | 255,481 | 231,401 | 24,080 | 3.1 | 26% |
| 2019 | 264,992 | 281,183 | −16,191 | 1.9 | 21% |
| 2020 | 151,365 | 136,426 | 14,939 | 5.4 | 54% |
| 2021 | 98,815 | 109,524 | −10,709 | 6.0 | 63% |
| 2022 | 221,141 | 195,098 | 26,043 | 4.5 | 44% |
| 2023 | 236,202 | 265,714 | −29,512 | 2.0 | 35% |
In its most recent public year (2023), this organization spent $29,512 more than it brought in. Its reserves stood at about 2 months of spending. Staff pay was 35% 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
Richards Institute Of Education Through Music'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