Fragrance Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,051,882 | 2,040,161 | 11,721 | 12.6 | 52% |
| 2021 | 2,574,957 | 2,375,918 | 199,039 | 12.3 | 45% |
| 2022 | 3,980,371 | 3,841,386 | 138,985 | 7.7 | 31% |
| 2023 | 4,188,898 | 4,316,851 | −127,953 | 6.6 | 29% |
In its most recent public year (2023), this organization spent $127,953 more than it brought in. Its reserves stood at about 6.6 months of spending, down from 12.6 in 2020. Staff pay was 29% 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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