Wang Theatre Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 13,423,297 | 17,061,195 | −3,637,898 | -1.6 | 18% |
| 2021 | 365,868 | 3,968,134 | −3,602,266 | -17.8 | 24% |
| 2022 | 31,405,491 | 23,611,584 | 7,793,907 | 1.0 | 14% |
| 2023 | 33,499,157 | 32,186,725 | 1,312,432 | 1.2 | 13% |
In its most recent public year (2023), this organization brought in $1,312,432 more than it spent. Its reserves stood at about 1.2 months of spending, up from -1.6 in 2020. Staff pay was 13% 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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