Palm Springs Modern Committe
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 103,537 | 107,000 | −3,463 | 14.0 | — |
| 2020 | 254,217 | 217,949 | 36,268 | 8.9 | 28% |
| 2021 | 123,097 | 117,256 | 5,841 | 17.1 | — |
| 2022 | 219,602 | 177,264 | 42,338 | 14.2 | 37% |
| 2023 | 343,784 | 349,678 | −5,894 | 7.0 | 24% |
| 2024 | 226,870 | 264,077 | −37,207 | 7.6 | 32% |
In its most recent public year (2024), this organization spent $37,207 more than it brought in. Its reserves stood at about 7.6 months of spending, down from 14 in 2019. 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 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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