Chicago South Asian Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,585 | 6,331 | −4,746 | 21.3 | — |
| 2021 | 31,601 | 22,119 | 9,482 | 11.2 | — |
| 2022 | 43,014 | 21,627 | 21,387 | 23.4 | — |
| 2023 | 34,975 | 52,137 | −17,162 | 5.7 | — |
In its most recent public year (2023), this organization spent $17,162 more than it brought in. Its reserves stood at about 5.7 months of spending, down from 21.3 in 2020.
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
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