Center For Arts In Natick
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 853,563 | 927,327 | −73,764 | 27.9 | 41% |
| 2021 | 1,772,213 | 1,141,862 | 630,351 | 29.3 | 32% |
| 2022 | 1,494,165 | 1,537,226 | −43,061 | 21.4 | 27% |
| 2023 | 2,100,269 | 1,701,992 | 398,277 | 22.2 | 29% |
In its most recent public year (2023), this organization brought in $398,277 more than it spent. Its reserves stood at about 22.2 months of spending, down from 27.9 in 2020. Staff pay was 29% of spending. $256,600 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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