Third Lens Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 207,942 | 179,226 | 28,716 | 8.2 | 49% |
| 2021 | 356,762 | 374,419 | −17,657 | 3.4 | 46% |
| 2022 | 548,940 | 549,103 | −163 | 2.3 | 11% |
| 2023 | 1,062,984 | 960,101 | 102,883 | 2.6 | 43% |
In its most recent public year (2023), this organization brought in $102,883 more than it spent. Its reserves stood at about 2.6 months of spending, down from 8.2 in 2020. Staff pay was 43% of spending. $798 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
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