Huntington Beach Academy For The Performing Arts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,787 | 12,733 | −10,946 | 42.5 | 0% |
| 2022 | 487 | 4,135 | −3,648 | 75.2 | 0% |
| 2023 | 1,710 | 7,578 | −5,868 | 31.5 | 0% |
In its most recent public year (2023), this organization spent $5,868 more than it brought in. Its reserves stood at about 31.5 months of spending, down from 42.5 in 2020. Staff pay was 0% of spending. $5,868 of its net assets are donor-restricted.
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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