Reach Studio Art Center
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $446,939 | $264,228 | $182,711 | 60.1 | 50% |
| 2021 | $346,579 | $239,754 | $106,825 | 71.6 | 54% |
| 2022 | $314,550 | $328,984 | −$14,434 | 51.8 | 46% |
| 2023 | $341,221 | $368,703 | −$27,482 | 45.3 | 49% |
In its most recent public year (2023), this organization spent $27,482 more than it brought in. Its reserves stood at about 45.3 months of spending, down from 60.1 in 2020. Staff pay was 49% of spending. $96,618 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 ↗
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