Providence Cityarts For Youth Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 143,985 | 205,668 | −61,683 | 37.8 | 55% |
| 2021 | 168,846 | 181,373 | −12,527 | 42.6 | 67% |
| 2022 | 161,118 | 166,272 | −5,154 | 46.3 | 64% |
| 2023 | 47,082 | 60,626 | −13,544 | 122.6 | 47% |
In its most recent public year (2023), this organization spent $13,544 more than it brought in. Its reserves stood at about 122.6 months of spending, up from 37.8 in 2020. Staff pay was 47% 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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