Garnerville Arts Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 175,034 | 175,701 | −667 | 23.5 | — |
| 2021 | 270,937 | 140,492 | 130,445 | 40.5 | 39% |
| 2022 | 234,586 | 196,527 | 38,059 | 31.3 | 32% |
| 2023 | 239,147 | 226,165 | 12,982 | 28.0 | 31% |
In its most recent public year (2023), this organization brought in $12,982 more than it spent. Its reserves stood at about 28 months of spending, up from 23.5 in 2020. Staff pay was 31% 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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