Bang On A Can Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,230,267 | 1,750,848 | 479,419 | 7.7 | 40% |
| 2021 | 1,937,711 | 1,957,405 | −19,694 | 6.8 | 38% |
| 2022 | 3,334,270 | 3,140,896 | 193,374 | 5.0 | 27% |
| 2023 | 3,572,707 | 3,811,351 | −238,644 | 3.4 | 23% |
In its most recent public year (2023), this organization spent $238,644 more than it brought in. Its reserves stood at about 3.4 months of spending, down from 7.7 in 2020. Staff pay was 23% of spending. $69,139 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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