Larson Gallery Guild
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 382,441 | 165,202 | 217,239 | 82.9 | 28% |
| 2021 | 446,795 | 286,173 | 160,622 | 54.6 | 16% |
| 2022 | 236,672 | 262,713 | −26,041 | 58.3 | 14% |
In its most recent public year (2022), this organization spent $26,041 more than it brought in. Its reserves stood at about 58.3 months of spending, down from 82.9 in 2020. Staff pay was 14% 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 2022. 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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