The Steve Azar St Cecilia Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 224,548 | 187,666 | 36,882 | 3.0 | 0% |
| 2013 | 307,953 | 295,198 | 12,755 | 2.4 | 0% |
| 2014 | 341,207 | 335,530 | 5,677 | 2.3 | 0% |
| 2015 | 301,151 | 336,298 | −35,147 | 1.1 | 0% |
| 2016 | 274,842 | 264,743 | 10,099 | 1.8 | 3% |
| 2017 | 308,426 | 301,605 | 6,821 | 1.8 | 7% |
| 2018 | 341,111 | 333,529 | 7,582 | 1.9 | 9% |
| 2019 | 322,950 | 317,389 | 5,561 | 2.3 | 10% |
| 2020 | 150,771 | 129,250 | 21,521 | 8.2 | 23% |
| 2021 | 159,490 | 139,373 | 20,117 | 10.0 | 22% |
| 2022 | 216,325 | 166,383 | 49,942 | 11.9 | 18% |
| 2023 | 203,442 | 169,674 | 33,768 | 14.1 | 18% |
In its most recent public year (2023), this organization brought in $33,768 more than it spent. Its reserves stood at about 14.1 months of spending, up from 3 in 2012. Staff pay was 18% 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
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