Young Musicians Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 408,634 | 854,447 | −445,813 | 7.6 | 27% |
| 2012 | 673,388 | 770,217 | −96,829 | 6.8 | 22% |
| 2013 | 789,433 | 863,992 | −74,559 | 5.5 | 19% |
| 2014 | 694,435 | 981,804 | −287,369 | 1.3 | 24% |
| 2015 | 1,525,454 | 1,022,503 | 502,951 | 7.2 | 24% |
| 2016 | 1,056,838 | 1,034,715 | 22,123 | 7.3 | 42% |
| 2017 | 647,666 | 824,583 | −176,917 | 6.6 | 54% |
| 2018 | 1,531,980 | 938,562 | 593,418 | 13.5 | 50% |
| 2019 | 1,011,320 | 958,554 | 52,766 | 15.1 | 56% |
| 2020 | 1,008,345 | 1,041,630 | −33,285 | 12.1 | 43% |
| 2021 | 1,105,609 | 857,771 | 247,838 | 18.4 | 42% |
| 2022 | 1,133,587 | 1,129,072 | 4,515 | 14.1 | 45% |
| 2023 | 1,249,159 | 1,132,567 | 116,592 | 15.0 | 54% |
In its most recent public year (2023), this organization brought in $116,592 more than it spent. Its reserves stood at about 15 months of spending, up from 7.6 in 2011. Staff pay was 54% 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
Young Musicians Foundation'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