Rainbow Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 96,957 | 85,483 | 11,474 | 0.4 | — |
| 2020 | 5,000 | 300 | 4,700 | 315.5 | — |
| 2021 | 107,739 | 192,566 | −84,827 | -4.8 | — |
| 2022 | 47,836 | 54,193 | −6,357 | -18.4 | — |
| 2023 | 60,370 | 82,489 | −22,119 | -15.3 | — |
In its most recent public year (2023), this organization spent $22,119 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-15.3 months), down from 0.4 in 2019.
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
Rainbow Festival 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