Palazzo Strozzi Foundation Usa Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 102,801 | 75,774 | 27,027 | 96.7 | 0% |
| 2021 | 55,556 | 145,620 | −90,064 | 42.7 | 0% |
| 2022 | 245,693 | 218,792 | 26,901 | 29.9 | 0% |
| 2023 | 105,246 | 247,048 | −141,802 | 19.7 | 0% |
In its most recent public year (2023), this organization spent $141,802 more than it brought in. Its reserves stood at about 19.7 months of spending, down from 96.7 in 2020. Staff pay was 0% of spending. $333,626 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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