Summer Festival Of The Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 141,351 | 150,131 | −8,780 | 3.4 | 66% |
| 2012 | 133,277 | 156,321 | −23,044 | 1.5 | 64% |
| 2013 | 126,321 | 146,207 | −19,886 | 0.0 | 62% |
| 2014 | 103,477 | 102,733 | 744 | -1.2 | 59% |
| 2015 | 97,510 | 80,948 | 16,562 | 0.9 | — |
| 2016 | 103,400 | 109,669 | −6,269 | -0.0 | — |
| 2017 | 117,375 | 118,854 | −1,479 | -0.2 | — |
| 2018 | 111,956 | 111,680 | 276 | -0.2 | — |
| 2019 | 122,415 | 106,550 | 15,865 | 1.6 | — |
| 2020 | 37,127 | 32,454 | 4,673 | 7.1 | — |
| 2021 | 41,604 | 46,053 | −4,449 | 3.8 | — |
| 2022 | 69,072 | 88,968 | −19,896 | -0.7 | — |
| 2023 | 112,280 | 105,289 | 6,991 | -1.2 | — |
In its most recent public year (2023), this organization brought in $6,991 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.2 months), down from 3.4 in 2011.
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
Summer Festival Of The Arts'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