Riverside Art Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 127,947 | 108,899 | 19,048 | 5.9 | — |
| 2021 | 122,757 | 106,138 | 16,619 | 7.9 | — |
| 2022 | 77,931 | 88,844 | −10,913 | 7.9 | — |
| 2023 | 113,007 | 122,601 | −9,594 | 4.8 | — |
| 2024 | 125,175 | 118,571 | 6,604 | 5.6 | — |
In its most recent public year (2024), this organization brought in $6,604 more than it spent. Its reserves stood at about 5.6 months 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 2024. 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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