Groundworks Art Lab Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 100,715 | 4,082 | 96,633 | 316.7 | — |
| 2012 | 325 | 2,937 | −2,612 | 429.5 | — |
| 2015 | 356,182 | 302,803 | 53,379 | 3.6 | 58% |
| 2016 | 382,005 | 329,236 | 52,769 | 5.2 | 54% |
| 2017 | 444,278 | 446,676 | −2,398 | 3.8 | 55% |
| 2018 | 2,181,765 | 497,251 | 1,684,514 | 44.1 | 61% |
| 2019 | 761,419 | 537,012 | 224,407 | 45.9 | 59% |
| 2020 | 800,661 | 647,720 | 152,941 | 40.9 | 64% |
| 2021 | 2,254,756 | 704,181 | 1,550,575 | 64.2 | 65% |
| 2022 | 2,799,374 | 966,708 | 1,832,666 | 69.0 | 60% |
| 2023 | 2,749,497 | 1,201,301 | 1,548,196 | 71.3 | 60% |
In its most recent public year (2023), this organization brought in $1,548,196 more than it spent. Its reserves stood at about 71.3 months of spending, down from 316.7 in 2011. Staff pay was 60% of spending. $386,145 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
Groundworks Art Lab 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