Karass Arts Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 65,691 | 63,876 | 1,815 | 1.2 | — |
| 2015 | 72,145 | 84,635 | −12,490 | -0.8 | — |
| 2016 | 83,457 | 82,132 | 1,325 | -2.1 | — |
| 2017 | 92,453 | 101,904 | −9,451 | -6.4 | — |
| 2018 | 147,375 | 147,623 | −248 | -4.7 | — |
| 2019 | 126,984 | 132,193 | −5,209 | -4.2 | — |
| 2020 | 97,691 | 101,218 | −3,527 | -5.9 | — |
| 2021 | 93,677 | 71,814 | 21,863 | -4.7 | — |
| 2022 | 102,486 | 114,875 | −12,389 | -4.3 | — |
| 2023 | 51,815 | 52,022 | −207 | -9.4 | — |
In its most recent public year (2023), this organization spent $207 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-9.4 months), down from 1.2 in 2014.
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
Karass Arts Project 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