Carmel Music Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 293,524 | 273,498 | 20,026 | 15.5 | 14% |
| 2013 | 260,307 | 293,689 | −33,382 | 13.0 | 18% |
| 2014 | 223,481 | 232,269 | −8,788 | 16.4 | 6% |
| 2015 | 337,975 | 172,163 | 165,812 | 33.1 | 0% |
| 2016 | 167,127 | 157,203 | 9,924 | 36.3 | — |
| 2017 | 189,521 | 215,810 | −26,289 | 26.1 | — |
| 2018 | 246,872 | 193,745 | 53,127 | 33.0 | 8% |
| 2019 | 168,365 | 161,414 | 6,951 | 40.1 | 0% |
| 2020 | 149,833 | 111,801 | 38,032 | 66.6 | 0% |
| 2021 | 187,397 | 26,253 | 161,144 | 380.5 | 0% |
| 2022 | 95,298 | 150,889 | −55,591 | 58.6 | 0% |
| 2023 | 192,530 | 142,421 | 50,109 | 68.0 | 0% |
| 2024 | 211,323 | 189,661 | 21,662 | 54.0 | 0% |
In its most recent public year (2024), this organization brought in $21,662 more than it spent. Its reserves stood at about 54 months of spending, up from 15.5 in 2012. Staff pay was 0% of spending. $237,315 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 2024. 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
Carmel Music Society's IRS filings as a feed — one entry per filing year, through 2024. 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