Independent World Television Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 3,119,919 | 3,450,256 | −330,337 | 23.0 | 44% |
| 2020 | 4,309,865 | 3,517,000 | 792,865 | 24.6 | 51% |
| 2021 | 3,134,025 | 2,638,311 | 495,714 | 34.7 | 46% |
| 2022 | 2,526,986 | 2,568,997 | −42,011 | 6.5 | 48% |
| 2023 | 2,466,871 | 2,883,463 | −416,592 | 4.0 | 47% |
In its most recent public year (2023), this organization spent $416,592 more than it brought in. Its reserves stood at about 4 months of spending, down from 23 in 2019. Staff pay was 47% of spending. $6,500 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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