Topaz Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 145,116 | 685,198 | −540,082 | -5.0 | — |
| 2012 | 244,293 | 137,733 | 106,560 | -15.4 | 71% |
| 2013 | 96,774 | 239,018 | −142,244 | -16.0 | 70% |
| 2014 | 97,089 | 199,934 | −102,845 | -25.3 | — |
| 2015 | 222,119 | 210,589 | 11,530 | -23.4 | 68% |
| 2016 | 108,898 | 258,617 | −149,719 | -26.0 | 53% |
| 2017 | 86,623 | 157,624 | −71,001 | -48.1 | — |
| 2018 | 123,528 | 112,146 | 11,382 | -66.4 | — |
| 2019 | 143,737 | 129,276 | 14,461 | -56.2 | — |
| 2020 | 119,943 | 111,924 | 8,019 | -64.1 | — |
| 2021 | 117,239 | 117,496 | −257 | -61.1 | — |
| 2022 | 389,946 | 149,916 | 240,030 | -28.6 | 60% |
| 2023 | 259,923 | 219,169 | 40,754 | -17.4 | 58% |
In its most recent public year (2023), this organization brought in $40,754 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-17.4 months), down from -5 in 2011. Staff pay was 58% of spending. $47,032 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
Topaz Arts Inc'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