Lake City Collective
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 29,196 | 7,320 | 21,876 | 36.4 | — |
| 2020 | 118,923 | 47,176 | 71,747 | 24.9 | — |
| 2021 | 330,057 | 139,982 | 190,075 | 23.0 | 0% |
| 2022 | 1,225,819 | 170,696 | 1,055,123 | 92.9 | 0% |
| 2023 | 556,835 | 476,825 | 80,010 | 35.9 | 29% |
In its most recent public year (2023), this organization brought in $80,010 more than it spent. Its reserves stood at about 35.9 months of spending. Staff pay was 29% 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
Lake City Collective'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