Second Street Gallery Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 249,413 | 257,459 | −8,046 | 4.0 | 36% |
| 2021 | 193,430 | 201,922 | −8,492 | 4.6 | — |
| 2022 | 274,433 | 248,286 | 26,147 | 6.0 | 37% |
| 2023 | 253,381 | 260,100 | −6,719 | 5.4 | 42% |
| 2024 | 302,345 | 355,255 | −52,910 | 2.2 | 34% |
In its most recent public year (2024), this organization spent $52,910 more than it brought in. Its reserves stood at about 2.2 months of spending, down from 4 in 2020. Staff pay was 34% 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 2024. 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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