Purple Silk Music Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 148,461 | 119,344 | 29,117 | 8.4 | — |
| 2012 | 172,521 | 136,211 | 36,310 | 13.1 | — |
| 2013 | 167,189 | 159,595 | 7,594 | 11.8 | — |
| 2014 | 190,803 | 138,147 | 52,656 | 18.2 | — |
| 2015 | 194,959 | 192,629 | 2,330 | 13.2 | 0% |
| 2016 | 167,468 | 138,719 | 28,749 | 20.8 | 0% |
| 2018 | 194,237 | 172,682 | 21,555 | 18.5 | 0% |
| 2019 | 188,552 | 186,608 | 1,944 | 17.3 | 0% |
| 2020 | 185,987 | 243,780 | −57,793 | 10.4 | 10% |
| 2021 | 183,344 | 221,435 | −38,091 | 9.3 | 11% |
| 2022 | 273,887 | 239,633 | 34,254 | 10.4 | 7% |
| 2023 | 230,343 | 185,272 | 45,071 | 16.3 | 75% |
In its most recent public year (2023), this organization brought in $45,071 more than it spent. Its reserves stood at about 16.3 months of spending, up from 8.4 in 2011. Staff pay was 75% of spending. $100,000 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
Purple Silk Music Education Foundation Inc'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