Indianapolis Parks Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,063,054 | 5,792,016 | −4,728,962 | 10.6 | 7% |
| 2021 | 1,402,836 | 4,521,507 | −3,118,671 | 5.7 | 9% |
| 2022 | 2,445,621 | 1,951,186 | 494,435 | 15.4 | 19% |
| 2023 | 1,351,256 | 2,456,059 | −1,104,803 | 7.1 | 17% |
In its most recent public year (2023), this organization spent $1,104,803 more than it brought in. Its reserves stood at about 7.1 months of spending, down from 10.6 in 2020. Staff pay was 17% of spending. $1,520,048 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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