The National Needlearts Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,712,603 | 1,879,620 | −167,017 | 6.5 | 0% |
| 2012 | 1,800,497 | 1,797,773 | 2,724 | 6.9 | 0% |
| 2013 | 1,689,790 | 1,702,548 | −12,758 | 7.2 | 0% |
| 2014 | 1,590,318 | 1,762,954 | −172,636 | 5.7 | 0% |
| 2015 | 1,389,178 | 1,449,746 | −60,568 | 6.5 | 0% |
| 2016 | 1,275,748 | 1,611,136 | −335,388 | 3.3 | 0% |
| 2017 | 1,105,319 | 1,408,994 | −303,675 | 1.3 | 0% |
| 2018 | 1,263,089 | 1,232,104 | 30,985 | 1.6 | 0% |
| 2019 | 934,415 | 1,185,553 | −251,138 | -0.9 | 0% |
| 2020 | 398,159 | 395,852 | 2,307 | -2.8 | 0% |
| 2021 | 86,007 | 8,611 | 77,396 | -21.8 | 0% |
In its most recent public year (2021), this organization brought in $77,396 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-21.8 months), down from 6.5 in 2011. Staff pay was 0% 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 2021. 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
The National Needlearts Association's IRS filings as a feed — one entry per filing year, through 2021. 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