Prima Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 58,395 | 58,155 | 240 | 0.5 | — |
| 2014 | 235,195 | 210,318 | 24,877 | 2.4 | 20% |
| 2015 | 288,316 | 313,618 | −25,302 | 0.7 | 24% |
| 2016 | 320,358 | 297,856 | 22,502 | 1.6 | 29% |
| 2017 | 307,047 | 313,920 | −6,873 | 1.2 | 33% |
| 2018 | 385,580 | 353,819 | 31,761 | 2.2 | 25% |
| 2019 | 406,890 | 533,940 | −127,050 | -1.4 | 18% |
| 2020 | 490,161 | 413,922 | 76,239 | 0.4 | 17% |
| 2021 | 614,027 | 552,901 | 61,126 | 1.6 | 19% |
| 2022 | 531,685 | 680,775 | −149,090 | -1.5 | 28% |
In its most recent public year (2022), this organization spent $149,090 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.5 months), down from 0.5 in 2013. Staff pay was 28% of spending. $12,750 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 2022. 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
Prima Arts Inc's IRS filings as a feed — one entry per filing year, through 2022. 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