Basilica Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 333,044 | 255,220 | 77,824 | 5.9 | 15% |
| 2017 | 409,980 | 371,287 | 38,693 | 5.3 | 24% |
| 2018 | 495,975 | 461,297 | 34,678 | 5.2 | 33% |
| 2019 | 478,102 | 427,939 | 50,163 | 7.0 | 36% |
| 2020 | 267,161 | 261,840 | 5,321 | 10.1 | 32% |
| 2021 | 479,218 | 295,137 | 184,081 | 16.4 | 26% |
| 2022 | 361,892 | 507,047 | −145,155 | 6.1 | 18% |
| 2023 | 425,034 | 552,286 | −127,252 | 2.9 | 16% |
In its most recent public year (2023), this organization spent $127,252 more than it brought in. Its reserves stood at about 2.9 months of spending, down from 5.9 in 2016. Staff pay was 16% of spending. $90,100 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
Basilica Arts Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works