Scandinavian Fest Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 46,767 | 41,761 | 5,006 | -10.3 | — |
| 2021 | 0 | 4,865 | −4,865 | 34.2 | — |
| 2022 | 51,972 | 55,171 | −3,199 | 2.3 | — |
| 2023 | 55,010 | 63,852 | −8,842 | 0.3 | — |
In its most recent public year (2023), this organization spent $8,842 more than it brought in. Its reserves stood at about 0.3 months of spending, up from -10.3 in 2011.
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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