Carving Studio And Sculpture Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 294,499 | 260,860 | 33,639 | 31.1 | 35% |
| 2021 | 394,467 | 297,986 | 96,481 | 31.1 | 36% |
| 2022 | 393,341 | 376,458 | 16,883 | 25.0 | 35% |
| 2023 | 363,244 | 413,401 | −50,157 | 21.3 | 37% |
In its most recent public year (2023), this organization spent $50,157 more than it brought in. Its reserves stood at about 21.3 months of spending, down from 31.1 in 2020. Staff pay was 37% 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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