Art Of Black Dance And Music Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 14,628 | 10,110 | 4,518 | 35.5 | — |
| 2013 | 6,919 | 6,919 | 0 | 51.9 | — |
| 2014 | 7,198 | 7,198 | 0 | 10.0 | — |
| 2015 | 26,391 | 23,758 | 2,633 | 8.6 | — |
| 2016 | 5,733 | 7,468 | −1,735 | 23.4 | — |
| 2017 | 350 | 1,281 | −931 | 127.9 | — |
| 2018 | 0 | 508 | −508 | 310.6 | — |
| 2019 | 0 | 395 | −395 | 387.4 | — |
| 2020 | 0 | 0 | 0 | — | — |
| 2021 | 0 | 120 | −120 | 1250.9 | — |
| 2022 | 5,000 | 435 | 4,565 | 471.0 | — |
In its most recent public year (2022), this organization brought in $4,565 more than it spent. Its reserves stood at about 471 months of spending, up from 35.5 in 2012.
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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