Riverfest Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 376,028 | 374,967 | 1,061 | 4.8 | 0% |
| 2012 | 265,610 | 331,014 | −65,404 | 3.1 | 0% |
| 2013 | 369,386 | 392,071 | −22,685 | 1.9 | 0% |
| 2014 | 360,948 | 358,795 | 2,153 | 2.1 | 0% |
| 2015 | 422,429 | 348,183 | 74,246 | 4.8 | 0% |
| 2016 | 408,743 | 367,173 | 41,570 | 5.9 | 0% |
| 2017 | 455,070 | 407,844 | 47,226 | 6.7 | 0% |
| 2018 | 346,658 | 382,867 | −36,209 | 5.9 | 0% |
| 2019 | 454,769 | 440,754 | 14,015 | 5.7 | 0% |
| 2020 | 28,610 | 30,587 | −1,977 | 82.6 | — |
| 2021 | 512,687 | 474,104 | 38,583 | 6.7 | 0% |
| 2022 | 426,155 | 451,417 | −25,262 | 5.6 | 0% |
| 2023 | 548,669 | 551,881 | −3,212 | 4.5 | 0% |
In its most recent public year (2023), this organization spent $3,212 more than it brought in. Its reserves stood at about 4.5 months of spending. Staff pay was 0% 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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