First Thursdays Art Walk Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 89,160 | 73,300 | 15,860 | 6.6 | — |
| 2014 | 74,967 | 68,296 | 6,671 | 8.3 | — |
| 2015 | 74,440 | 86,359 | −11,919 | 4.9 | — |
| 2016 | 68,143 | 76,569 | −8,426 | 4.1 | — |
| 2017 | 61,515 | −1,350 | 62,865 | -219.9 | — |
| 2018 | 52,955 | 59,419 | −6,464 | 3.8 | — |
| 2019 | 52,999 | 57,640 | −4,641 | 3.0 | — |
| 2020 | 20,575 | 8,880 | 11,695 | 35.1 | — |
In its most recent public year (2020), this organization brought in $11,695 more than it spent. Its reserves stood at about 35.1 months of spending, up from 6.6 in 2013.
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 2020. 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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