Lakearts Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 37,150 | 33,551 | 3,599 | 0.5 | 0% |
| 2012 | 12,906 | 13,337 | −431 | 0.9 | 0% |
| 2013 | 53,403 | 53,638 | −235 | 0.2 | 0% |
| 2014 | 12,532 | 12,584 | −52 | 0.7 | 0% |
| 2015 | 9,458 | 9,687 | −229 | 0.7 | 0% |
| 2016 | 12,410 | 9,588 | 2,822 | 4.2 | 0% |
| 2017 | 2,186 | 4,978 | −2,792 | 1.4 | 0% |
| 2018 | 11,084 | 11,515 | −431 | 0.1 | 0% |
| 2019 | 2,467 | 2,549 | −82 | 0.2 | 0% |
| 2020 | 115 | 161 | −46 | 0.5 | 0% |
| 2021 | 37,796 | 13,344 | 24,452 | 22.0 | 0% |
| 2022 | 3,344 | 24,130 | −20,786 | 1.8 | 0% |
| 2023 | 24,637 | 26,365 | −1,728 | 0.9 | 0% |
In its most recent public year (2023), this organization spent $1,728 more than it brought in. Its reserves stood at about 0.9 months of spending. Staff pay was 0% 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 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
Lakearts Foundation 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