Canopy Studio Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 487,301 | 449,615 | 37,686 | 10.8 | 65% |
| 2021 | 696,461 | 473,575 | 222,886 | 16.0 | 61% |
| 2022 | 624,151 | 533,281 | 90,870 | 16.3 | 60% |
In its most recent public year (2022), this organization brought in $90,870 more than it spent. Its reserves stood at about 16.3 months of spending, up from 10.8 in 2020. Staff pay was 60% of spending. $22,369 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 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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