Indo-American Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 154,244 | 115,376 | 38,868 | -26.5 | 3% |
| 2022 | 663,718 | 231,265 | 432,453 | 9.2 | 0% |
| 2023 | 787,241 | 893,080 | −105,839 | 1.0 | 0% |
In its most recent public year (2023), this organization spent $105,839 more than it brought in. Its reserves stood at about 1 months of spending, up from -26.5 in 2021. 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 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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