Lake Worth Cultural Renaissance Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 69,156 | 64,549 | 4,607 | 7.1 | — |
| 2022 | 69,455 | 55,948 | 13,507 | 11.1 | — |
| 2023 | 157,751 | 144,923 | 12,828 | 5.4 | — |
| 2024 | 201,488 | 201,006 | 482 | 3.8 | 0% |
In its most recent public year (2024), this organization brought in $482 more than it spent. Its reserves stood at about 3.8 months of spending, down from 7.1 in 2021. 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 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
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