Stream Of Praise Music Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,298,205 | 1,223,128 | 75,077 | 13.3 | 46% |
| 2012 | 1,251,192 | 1,382,332 | −131,140 | 10.6 | 42% |
| 2013 | 1,349,304 | 1,287,808 | 61,496 | 11.9 | 44% |
| 2014 | 1,362,127 | 1,363,284 | −1,157 | 11.3 | 48% |
| 2015 | 1,405,674 | 1,408,246 | −2,572 | 10.9 | 42% |
| 2016 | 1,429,379 | 1,516,416 | −87,037 | 9.4 | 40% |
| 2017 | 1,751,729 | 1,407,042 | 344,687 | 13.1 | 52% |
| 2018 | 1,549,856 | 1,405,141 | 144,715 | 14.3 | 53% |
| 2019 | 1,832,266 | 1,692,005 | 140,261 | 12.9 | 6% |
| 2020 | 1,584,279 | 1,533,416 | 50,863 | 14.6 | 52% |
| 2021 | 3,001,971 | 1,648,499 | 1,353,472 | 23.5 | 57% |
| 2022 | 2,322,414 | 2,038,999 | 283,415 | 21.1 | 47% |
| 2023 | 2,812,749 | 2,435,551 | 377,198 | 19.5 | 46% |
In its most recent public year (2023), this organization brought in $377,198 more than it spent. Its reserves stood at about 19.5 months of spending, up from 13.3 in 2011. Staff pay was 46% 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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