Kennedy Center Of Louisiana Llc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 769,886 | 786,033 | −16,147 | 0.0 | 1% |
| 2021 | 826,857 | 1,148,891 | −322,034 | 0.0 | 6% |
| 2022 | 648,586 | 1,104,088 | −455,502 | -11.9 | 16% |
| 2023 | 893,394 | 1,041,464 | −148,070 | -11.9 | 28% |
In its most recent public year (2023), this organization spent $148,070 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-11.9 months), down from 0 in 2020. Staff pay was 28% 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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