Music For Minors Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,839,102 | 1,796,804 | 42,298 | 2.4 | 76% |
| 2021 | 1,519,051 | 1,380,932 | 138,119 | 4.3 | 81% |
| 2022 | 2,335,534 | 1,945,763 | 389,771 | 5.1 | 82% |
| 2023 | 1,975,082 | 2,623,020 | −647,938 | 0.8 | 79% |
In its most recent public year (2023), this organization spent $647,938 more than it brought in. Its reserves stood at about 0.8 months of spending, down from 2.4 in 2020. Staff pay was 79% of spending. $21,000 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works