Avalon String Band Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 155,320 | 212,416 | −57,096 | -7.2 | 0% |
| 2019 | 228,214 | 201,197 | 27,017 | -5.9 | 0% |
| 2020 | 195,775 | 154,438 | 41,337 | -4.5 | 0% |
| 2021 | 99,852 | 61,070 | 38,782 | -3.8 | 0% |
| 2022 | 137,396 | 159,002 | −21,606 | -3.1 | 0% |
| 2023 | 205,147 | 230,085 | −24,938 | -3.4 | 0% |
In its most recent public year (2023), this organization spent $24,938 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.4 months), up from -7.2 in 2018. Staff pay was 0% 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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