Bill Edwards Foundation For The Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,932,491 | 3,975,060 | −42,569 | 3.3 | 11% |
| 2021 | 401,302 | 434,619 | −33,317 | 29.3 | 47% |
| 2022 | 2,703,944 | 2,740,276 | −36,332 | 4.5 | 15% |
| 2023 | 4,732,725 | 4,647,488 | 85,237 | 2.9 | 10% |
In its most recent public year (2023), this organization brought in $85,237 more than it spent. Its reserves stood at about 2.9 months of spending. Staff pay was 10% 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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