Carnation Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 65,596 | 55,753 | 9,843 | 9.7 | — |
| 2012 | 73,565 | 60,402 | 13,163 | 11.5 | — |
| 2013 | 118,583 | 111,913 | 6,670 | 6.9 | — |
| 2014 | 159,528 | 158,081 | 1,447 | 4.1 | — |
| 2015 | 285,816 | 262,638 | 23,178 | 3.5 | 0% |
| 2016 | 199,595 | 185,943 | 13,652 | 5.8 | — |
| 2017 | 154,633 | 188,880 | −34,247 | 3.6 | — |
| 2018 | 148,840 | 181,975 | −33,135 | 1.5 | — |
| 2019 | 194,129 | 210,313 | −16,184 | 0.4 | — |
| 2020 | 50,000 | 9,460 | 40,540 | 60.1 | — |
| 2021 | 189,153 | 166,384 | 22,769 | 5.1 | — |
| 2022 | 277,136 | 309,740 | −32,604 | 1.5 | 0% |
| 2023 | 130,099 | 247,124 | −117,025 | -1.9 | 0% |
In its most recent public year (2023), this organization spent $117,025 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.9 months), down from 9.7 in 2011. Staff pay was 0% 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
Carnation Festival 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