Sharon Lynne Wilson Center For The Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,495,819 | 2,055,348 | −559,529 | 33.6 | 31% |
| 2021 | 2,794,001 | 1,590,567 | 1,203,434 | 52.8 | 29% |
| 2022 | 2,229,561 | 2,250,597 | −21,036 | 36.7 | 31% |
In its most recent public year (2022), this organization spent $21,036 more than it brought in. Its reserves stood at about 36.7 months of spending, up from 33.6 in 2020. Staff pay was 31% of spending. $667,992 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 2022. 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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