Southwest Washington Center For The Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 330,042 | 234,938 | 95,104 | 5.2 | 47% |
| 2020 | 145,140 | 211,702 | −66,562 | 2.0 | 76% |
| 2021 | 224,427 | 213,679 | 10,748 | 2.6 | 71% |
In its most recent public year (2021), this organization brought in $10,748 more than it spent. Its reserves stood at about 2.6 months of spending, down from 5.2 in 2019. Staff pay was 71% 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 2021. 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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