Society For The Development Of Arts And Humanities Of Greater Newburyp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 888,815 | 843,019 | 45,796 | 17.1 | 20% |
| 2021 | 1,817,661 | 983,212 | 834,449 | 24.9 | 18% |
| 2022 | 1,037,619 | 1,649,382 | −611,763 | 10.4 | 25% |
| 2023 | 1,546,778 | 1,807,565 | −260,787 | 7.8 | 19% |
In its most recent public year (2023), this organization spent $260,787 more than it brought in. Its reserves stood at about 7.8 months of spending, down from 17.1 in 2020. Staff pay was 19% of spending. $87,848 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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