Griot Collective Of West Tennessee
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 1,510 | 1,256 | 254 | 15.8 | — |
| 2017 | 1,963 | 2,094 | −131 | -0.8 | — |
| 2018 | 1,826 | 1,400 | 426 | 3.7 | — |
| 2019 | 494 | 952 | −458 | -5.8 | — |
In its most recent public year (2019), this organization spent $458 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-5.8 months), down from 15.8 in 2016.
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 2019. 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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