Pomerene Center For The Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 64,150 | 80,921 | −16,771 | 70.3 | 36% |
| 2022 | 61,495 | 89,127 | −27,632 | 60.1 | 32% |
| 2023 | 64,385 | 103,386 | −39,001 | 47.2 | 20% |
In its most recent public year (2023), this organization spent $39,001 more than it brought in. Its reserves stood at about 47.2 months of spending, down from 70.3 in 2021. Staff pay was 20% 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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