Palm Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 107,411 | 105,005 | 2,406 | 1.4 | — |
| 2013 | 145,585 | 148,209 | −2,624 | 0.8 | — |
| 2014 | 136,495 | 136,624 | −129 | 0.9 | — |
| 2015 | 407,860 | 152,482 | 255,378 | 20.8 | 35% |
| 2016 | 148,245 | 137,231 | 11,014 | 24.5 | — |
| 2017 | 361,677 | 266,524 | 95,153 | 16.9 | 57% |
| 2018 | 391,261 | 278,383 | 112,878 | 21.1 | 51% |
| 2019 | 420,115 | 355,711 | 64,404 | 18.7 | 55% |
| 2020 | 322,559 | 330,835 | −8,276 | 19.8 | 62% |
| 2021 | 327,301 | 214,786 | 112,515 | 42.0 | 62% |
| 2022 | 644,065 | 385,416 | 258,649 | 28.8 | 64% |
| 2023 | 356,043 | 367,292 | −11,249 | 30.6 | 73% |
| 2024 | 454,917 | 377,393 | 77,524 | 33.4 | 63% |
In its most recent public year (2024), this organization brought in $77,524 more than it spent. Its reserves stood at about 33.4 months of spending, up from 1.4 in 2012. Staff pay was 63% of spending. $273,000 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 2024. 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
Palm Arts's IRS filings as a feed — one entry per filing year, through 2024. 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