Globalfest Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 69,721 | 51,559 | 18,162 | 4.2 | — |
| 2012 | 120,075 | 87,127 | 32,948 | 7.0 | — |
| 2013 | 209,996 | 157,214 | 52,782 | 7.9 | 0% |
| 2014 | 132,746 | 175,555 | −42,809 | 4.2 | — |
| 2015 | 580,239 | 186,403 | 393,836 | 29.3 | 0% |
| 2016 | 172,225 | 267,156 | −94,931 | 16.2 | — |
| 2017 | 160,320 | 275,953 | −115,633 | 10.6 | — |
| 2018 | 360,670 | 241,949 | 118,721 | 18.0 | 8% |
| 2019 | 114,412 | 208,772 | −94,360 | 15.4 | 0% |
| 2020 | 240,036 | 189,853 | 50,183 | 20.2 | 2% |
| 2021 | 100,141 | 193,720 | −93,579 | 14.0 | 30% |
| 2022 | 81,109 | 125,435 | −44,326 | 17.3 | 0% |
| 2023 | 111,384 | 185,907 | −74,523 | 6.9 | 0% |
In its most recent public year (2023), this organization spent $74,523 more than it brought in. Its reserves stood at about 6.9 months of spending, up from 4.2 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
Globalfest 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