Third Coast International Audio Festival
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 436,778 | 462,456 | −25,678 | 0.4 | 41% |
| 2011 | 161,566 | 338,214 | −176,648 | -0.6 | 51% |
| 2012 | 690,346 | 396,653 | 293,693 | 8.3 | 44% |
| 2013 | 168,561 | 315,707 | −147,146 | 4.9 | 56% |
| 2014 | 545,895 | 446,806 | 99,089 | 6.1 | 29% |
| 2015 | 355,010 | 336,567 | 18,443 | 8.8 | 58% |
| 2016 | 656,099 | 614,639 | 41,460 | 5.6 | 36% |
| 2017 | 731,488 | 627,909 | 103,579 | 7.5 | 33% |
| 2018 | 684,082 | 706,848 | −22,766 | 6.3 | 37% |
| 2019 | 568,462 | 750,107 | −181,645 | 3.0 | 38% |
| 2020 | 405,206 | 453,308 | −48,102 | 3.7 | 62% |
| 2021 | 253,609 | 313,837 | −60,228 | 3.0 | 61% |
| 2022 | 238,417 | 240,831 | −2,414 | 3.8 | 63% |
| 2023 | 278,504 | 358,277 | −79,773 | -0.1 | 60% |
In its most recent public year (2023), this organization spent $79,773 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.1 months). Staff pay was 60% of spending. $46,500 of its net assets are donor-restricted.
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
Third Coast International Audio Festival'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