Eighth Blackbird Performing Arts Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 603,896 | 583,817 | 20,079 | 2.7 | 44% |
| 2012 | 544,947 | 570,168 | −25,221 | 2.2 | 48% |
| 2013 | 967,153 | 715,369 | 251,784 | 6.0 | 51% |
| 2014 | 830,790 | 846,052 | −15,262 | 4.9 | 50% |
| 2015 | 1,068,724 | 861,502 | 207,222 | 7.7 | 54% |
| 2016 | 1,353,222 | 1,061,390 | 291,832 | 9.5 | 48% |
| 2017 | 1,136,758 | 1,192,462 | −55,704 | 7.9 | 46% |
| 2018 | 847,775 | 1,105,908 | −258,133 | 5.7 | 35% |
| 2019 | 476,913 | 663,644 | −186,731 | 6.2 | 54% |
| 2020 | 334,767 | 428,376 | −93,609 | 6.9 | 35% |
| 2021 | 378,214 | 340,176 | 38,038 | 10.1 | 29% |
| 2022 | 697,687 | 596,294 | 101,393 | 7.8 | 22% |
| 2023 | 607,223 | 592,989 | 14,234 | 8.1 | 27% |
In its most recent public year (2023), this organization brought in $14,234 more than it spent. Its reserves stood at about 8.1 months of spending, up from 2.7 in 2011. Staff pay was 27% of spending. $65,000 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 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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