Milan Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 55,259 | 47,223 | 8,036 | 19.0 | 0% |
| 2012 | 52,761 | 60,330 | −7,569 | 13.4 | 0% |
| 2013 | 49,839 | 55,392 | −5,553 | 13.4 | 0% |
| 2014 | 41,781 | 62,485 | −20,704 | 7.9 | 0% |
| 2015 | 45,357 | 54,897 | −9,540 | 6.9 | 0% |
| 2016 | 45,508 | 48,779 | −3,271 | 7.0 | 0% |
| 2017 | 54,543 | 49,568 | 4,975 | 8.1 | 0% |
| 2018 | 54,593 | 41,790 | 12,803 | 13.2 | 0% |
| 2019 | 52,208 | 9,499 | 42,709 | 112.2 | 0% |
| 2020 | 6,448 | 5,988 | 460 | 138.9 | 0% |
| 2021 | 52,624 | 42,044 | 10,580 | 22.8 | 0% |
| 2022 | 43,400 | 48,844 | −5,444 | 18.3 | 0% |
In its most recent public year (2022), this organization spent $5,444 more than it brought in. Its reserves stood at about 18.3 months of spending. 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 2022. 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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