Kente Arts Alliance
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 64,304 | 33,454 | 30,850 | 11.8 | — |
| 2013 | 53,309 | 49,288 | 4,021 | 9.0 | — |
| 2014 | 91,282 | 71,836 | 19,446 | 9.4 | — |
| 2015 | 43,803 | 66,440 | −22,637 | 6.1 | — |
| 2016 | 134,789 | 99,504 | 35,285 | 11.8 | — |
| 2017 | 117,105 | 103,881 | 13,224 | 12.8 | — |
| 2018 | 72,587 | 95,466 | −22,879 | 11.1 | — |
| 2019 | 111,249 | 121,302 | −10,053 | 7.7 | — |
| 2020 | 152,791 | 89,816 | 62,975 | 18.9 | — |
| 2021 | 212,165 | 37,668 | 174,497 | 100.6 | 46% |
| 2022 | 465,406 | 152,299 | 313,107 | 49.5 | 34% |
| 2023 | 230,244 | 247,610 | −17,366 | 29.6 | 32% |
In its most recent public year (2023), this organization spent $17,366 more than it brought in. Its reserves stood at about 29.6 months of spending, up from 11.8 in 2012. Staff pay was 32% 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
Kente Arts Alliance's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works