Knox Partnership For Arts And Culture Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 5,550 | 21,880 | −16,330 | -4.3 | 0% |
| 2016 | 5,085 | 4,588 | 497 | -19.3 | 0% |
| 2017 | 14,740 | 8,016 | 6,724 | -1.0 | 0% |
| 2018 | 611,401 | 164,334 | 447,067 | 34.3 | 0% |
| 2019 | 720,000 | 944,970 | −224,970 | 2.8 | 23% |
| 2020 | 502,836 | 706,558 | −203,722 | 0.3 | 21% |
| 2021 | 335,615 | 587,662 | −252,047 | -4.8 | 7% |
| 2022 | 366,143 | 550,940 | −184,797 | -9.1 | 9% |
| 2023 | 364,326 | 548,791 | −184,465 | -13.3 | 0% |
In its most recent public year (2023), this organization spent $184,465 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-13.3 months), down from -4.3 in 2015. Staff pay was 0% 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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