Institute For The Musical Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 127,160 | 75,348 | 51,812 | 48.9 | 0% |
| 2012 | 130,074 | 77,780 | 52,294 | 55.7 | 0% |
| 2013 | 161,221 | 128,123 | 33,098 | 41.1 | 0% |
| 2014 | 99,270 | 112,516 | −13,246 | 45.4 | 0% |
| 2015 | 59,786 | 55,584 | 4,202 | 92.9 | 0% |
| 2016 | 246,782 | 173,011 | 73,771 | 35.0 | 7% |
| 2017 | 160,555 | 213,774 | −53,219 | 25.3 | 15% |
| 2018 | 212,848 | 203,441 | 9,407 | 27.1 | 16% |
| 2019 | 197,828 | 151,658 | 46,170 | 40.1 | 0% |
| 2020 | 135,118 | 158,422 | −23,304 | 36.6 | 31% |
| 2021 | 215,968 | 181,788 | 34,180 | 34.1 | 31% |
| 2022 | 189,926 | 160,279 | 29,647 | 40.9 | 23% |
| 2023 | 193,205 | 160,844 | 32,361 | 43.2 | 25% |
In its most recent public year (2023), this organization brought in $32,361 more than it spent. Its reserves stood at about 43.2 months of spending, down from 48.9 in 2011. Staff pay was 25% 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
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