Cornerstone Television Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,519,471 | 6,232,962 | 286,509 | 12.4 | 35% |
| 2012 | 6,084,523 | 6,064,866 | 19,657 | 12.8 | 37% |
| 2013 | 6,328,240 | 6,876,527 | −548,287 | 10.3 | 36% |
| 2014 | 5,882,695 | 6,892,212 | −1,009,517 | 8.5 | 31% |
| 2015 | 5,870,784 | 5,641,897 | 228,887 | 10.9 | 39% |
| 2016 | 5,117,028 | 5,692,318 | −575,290 | 8.2 | 41% |
| 2017 | 14,501,243 | 5,988,333 | 8,512,910 | 24.8 | 40% |
| 2018 | 4,428,311 | 5,608,790 | −1,180,479 | 23.7 | 41% |
| 2019 | 3,554,475 | 5,196,441 | −1,641,966 | 23.2 | 40% |
| 2020 | 5,370,294 | 5,307,118 | 63,176 | 23.4 | 42% |
| 2021 | 5,178,656 | 4,711,753 | 466,903 | 27.9 | 38% |
| 2022 | 4,892,228 | 4,696,932 | 195,296 | 26.6 | 40% |
| 2023 | 4,421,732 | 4,866,716 | −444,984 | 24.6 | 40% |
In its most recent public year (2023), this organization spent $444,984 more than it brought in. Its reserves stood at about 24.6 months of spending, up from 12.4 in 2011. Staff pay was 40% of spending. $58,885 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
Cornerstone Television Inc'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