Detroit Association Of Black Storytellers Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 1,022 | 2,565 | −1,543 | 16.7 | — |
| 2016 | 4,482 | 5,030 | −548 | 7.2 | — |
| 2017 | 230 | 1,813 | −1,583 | 9.6 | — |
| 2018 | 2,865 | 1,802 | 1,063 | 16.7 | — |
| 2019 | 1,032 | 1,570 | −538 | 15.1 | — |
| 2020 | 935 | 1,429 | −494 | 12.4 | — |
| 2021 | 520 | 2,849 | −2,329 | 5.2 | — |
| 2022 | 6,918 | 7,080 | −162 | 1.8 | — |
| 2023 | 6,766 | 4,266 | 2,500 | 10.1 | — |
In its most recent public year (2023), this organization brought in $2,500 more than it spent. Its reserves stood at about 10.1 months of spending, down from 16.7 in 2015.
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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