Brooklyn Art Incubator Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 35,022 | 35,052 | −30 | 0.0 | — |
| 2012 | 125,024 | 134,773 | −9,749 | 1.4 | 80% |
| 2013 | 122,295 | 98,869 | 23,426 | -0.1 | 62% |
| 2014 | 103,943 | 109,011 | −5,068 | -2.6 | 69% |
| 2015 | 135,578 | 125,239 | 10,339 | 1.3 | 66% |
| 2016 | 79,124 | 99,232 | −20,108 | -0.8 | 69% |
| 2017 | 106,451 | 100,425 | 6,026 | -0.0 | 54% |
| 2018 | 178,600 | 158,590 | 20,010 | 2.1 | 54% |
| 2019 | 50,469 | 47,183 | 3,286 | 7.7 | 23% |
| 2020 | 7,977 | 40,556 | −32,579 | -0.6 | 20% |
| 2021 | 19,935 | 21,153 | −1,218 | -1.9 | 39% |
| 2022 | 11,005 | 55,947 | −44,942 | -7.0 | 85% |
| 2023 | 710 | 1,157 | −447 | -344.6 | 0% |
In its most recent public year (2023), this organization spent $447 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-344.6 months), down from 0 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
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