Lifetime Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 308,948 | 247,112 | 61,836 | 5.6 | 35% |
| 2013 | 332,596 | 359,274 | −26,678 | 3.0 | 40% |
| 2014 | 275,361 | 332,560 | −57,199 | 1.1 | 40% |
| 2015 | 370,661 | 272,760 | 97,901 | 5.7 | 55% |
| 2016 | 289,464 | 200,078 | 89,386 | 17.8 | 62% |
| 2018 | 1,127,314 | 1,008,180 | 119,134 | 3.1 | 53% |
| 2019 | 1,165,867 | 1,070,331 | 95,536 | 4.0 | 62% |
| 2020 | 1,432,157 | 962,013 | 470,144 | 11.9 | 73% |
| 2021 | 717,964 | 1,153,441 | −435,477 | 5.4 | 68% |
| 2022 | 983,963 | 1,277,745 | −293,782 | 2.1 | 66% |
In its most recent public year (2022), this organization spent $293,782 more than it brought in. Its reserves stood at about 2.1 months of spending, down from 5.6 in 2012. Staff pay was 66% 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
Lifetime Arts's IRS filings as a feed — one entry per filing year, through 2022. 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