Morro Bay Art Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 57,949 | 64,401 | −6,452 | 39.8 | — |
| 2021 | 115,587 | 96,699 | 18,888 | 28.8 | — |
| 2022 | 171,468 | 132,117 | 39,351 | 24.7 | — |
| 2023 | 194,943 | 138,845 | 56,098 | 28.3 | — |
In its most recent public year (2023), this organization brought in $56,098 more than it spent. Its reserves stood at about 28.3 months of spending, down from 39.8 in 2020.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works