Musical Merit Foundation Of Greater San Diego
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 77,347 | 97,688 | −20,341 | 362.9 | 0% |
| 2021 | 302,774 | 232,190 | 70,584 | 162.1 | 0% |
| 2022 | 149,868 | 203,719 | −53,851 | 148.4 | 0% |
| 2023 | 169,052 | 179,182 | −10,130 | 180.7 | 0% |
In its most recent public year (2023), this organization spent $10,130 more than it brought in. Its reserves stood at about 180.7 months of spending, down from 362.9 in 2020. Staff pay was 0% of spending. $1,828,107 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
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