Lubbock Experience Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 0 | 0 | — | — |
| 2019 | 2,667,236 | 0 | 2,667,236 | — | — |
| 2020 | 1,797,867 | 142,653 | 1,655,214 | 363.6 | 72% |
| 2021 | 569,267 | 210,678 | 358,589 | 266.6 | 70% |
| 2022 | 325,079 | 4,717,893 | −4,392,814 | 0.7 | 3% |
| 2023 | 2,331,370 | 317,417 | 2,013,953 | 87.0 | 52% |
In its most recent public year (2023), this organization brought in $2,013,953 more than it spent. Its reserves stood at about 87 months of spending. Staff pay was 52% of spending. $2,099,431 of its net assets are donor-restricted.
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
Lubbock Experience Incorporated'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