Music Will Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,174,473 | 1,266,511 | −92,038 | 6.8 | 36% |
| 2011 | 1,790,327 | 1,468,398 | 321,929 | 8.5 | 40% |
| 2012 | 1,962,949 | 1,921,777 | 41,172 | 9.5 | 39% |
| 2013 | 2,485,635 | 2,561,214 | −75,579 | 6.8 | 45% |
| 2014 | 4,601,575 | 3,790,935 | 810,640 | 7.1 | 41% |
| 2015 | 5,123,828 | 4,633,056 | 490,772 | 7.1 | 43% |
| 2016 | 5,813,939 | 5,555,404 | 258,535 | 6.5 | 45% |
| 2017 | 3,849,276 | 2,681,965 | 1,167,311 | 18.6 | 42% |
| 2018 | 7,748,909 | 6,617,567 | 1,131,342 | 9.6 | 43% |
| 2019 | 6,045,947 | 6,071,863 | −25,916 | 10.4 | 49% |
| 2020 | 8,042,046 | 8,922,528 | −880,482 | 5.9 | 34% |
| 2021 | 6,635,771 | 5,164,106 | 1,471,665 | 13.6 | 54% |
| 2022 | 6,118,295 | 5,831,694 | 286,601 | 12.7 | 49% |
| 2023 | 6,165,048 | 6,023,566 | 141,482 | 12.1 | 48% |
In its most recent public year (2023), this organization brought in $141,482 more than it spent. Its reserves stood at about 12.1 months of spending, up from 6.8 in 2010. Staff pay was 48% of spending. $2,038,535 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
Music Will 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