Chicago Painting & Decorating Contr Indus Advanmt & Promo Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 673,329 | 727,913 | −54,584 | 9.8 | 40% |
| 2021 | 675,570 | 710,260 | −34,690 | 9.3 | 41% |
| 2022 | 690,869 | 686,218 | 4,651 | 8.6 | 45% |
| 2023 | 664,341 | 758,534 | −94,193 | 6.5 | 41% |
In its most recent public year (2023), this organization spent $94,193 more than it brought in. Its reserves stood at about 6.5 months of spending, down from 9.8 in 2020. Staff pay was 41% 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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