Circuit Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 946,570 | 872,710 | 73,860 | 5.8 | 59% |
| 2021 | 798,795 | 870,405 | −71,610 | 3.8 | 60% |
| 2022 | 1,146,797 | 1,100,277 | 46,520 | 3.5 | 52% |
| 2023 | 1,388,856 | 1,426,752 | −37,896 | 2.4 | 52% |
In its most recent public year (2023), this organization spent $37,896 more than it brought in. Its reserves stood at about 2.4 months of spending, down from 5.8 in 2020. Staff pay was 52% 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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