Area 58 Community Access Media Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 476,786 | 468,473 | 8,313 | 9.3 | 58% |
| 2021 | 444,575 | 469,421 | −24,846 | 8.7 | 58% |
| 2022 | 484,345 | 462,601 | 21,744 | 9.4 | 60% |
| 2023 | 439,856 | 477,043 | −37,187 | 8.2 | 60% |
In its most recent public year (2023), this organization spent $37,187 more than it brought in. Its reserves stood at about 8.2 months of spending, down from 9.3 in 2020. Staff pay was 60% 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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