Parallel Studios Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 102,495 | 106,253 | −3,758 | 1.1 | — |
| 2013 | 148,717 | 150,635 | −1,918 | 0.6 | — |
| 2014 | 167,426 | 164,298 | 3,128 | 0.8 | — |
| 2015 | 177,898 | 175,771 | 2,127 | 0.9 | — |
| 2016 | 205,308 | 201,247 | 4,061 | 1.0 | 21% |
| 2017 | 215,261 | 211,119 | 4,142 | 1.2 | 28% |
| 2018 | 272,948 | 267,622 | 5,326 | 1.2 | 23% |
| 2019 | 267,824 | 265,963 | 1,861 | 1.3 | 27% |
| 2020 | 163,409 | 143,016 | 20,393 | 4.1 | 49% |
| 2021 | 286,655 | 253,949 | 32,706 | 3.9 | 38% |
| 2022 | 288,455 | 279,358 | 9,097 | 3.9 | 33% |
| 2023 | 228,761 | 213,337 | 15,424 | 6.0 | 28% |
In its most recent public year (2023), this organization brought in $15,424 more than it spent. Its reserves stood at about 6 months of spending, up from 1.1 in 2012. Staff pay was 28% 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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