Simsbury Performing Arts Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 203,643 | 192,249 | 11,394 | 16.9 | 47% |
| 2021 | 665,770 | 677,981 | −12,211 | 4.6 | 19% |
| 2022 | 681,196 | 550,821 | 130,375 | 8.4 | 34% |
| 2023 | 699,847 | 706,985 | −7,138 | 6.4 | 32% |
In its most recent public year (2023), this organization spent $7,138 more than it brought in. Its reserves stood at about 6.4 months of spending, down from 16.9 in 2020. Staff pay was 32% 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
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