Summer Theatre Of New Canaan Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 403,535 | 279,298 | 124,237 | 1.5 | 42% |
| 2022 | 736,962 | 772,343 | −35,381 | 0.1 | 43% |
| 2023 | 684,813 | 752,931 | −68,118 | -1.0 | 55% |
In its most recent public year (2023), this organization spent $68,118 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1 months), down from 1.5 in 2020. Staff pay was 55% 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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