The Legacy Arts Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 41,372 | 8,342 | 33,030 | 0.0 | 0% |
| 2013 | 36,800 | 14,869 | 21,931 | 25.8 | — |
| 2014 | 44,483 | 51,949 | −7,466 | 5.7 | — |
| 2015 | 106,397 | 97,402 | 8,995 | 4.1 | — |
| 2016 | 417,560 | 263,725 | 153,835 | 8.4 | 0% |
| 2017 | 437,363 | 513,233 | −75,870 | 2.5 | 0% |
| 2018 | 320,806 | 298,740 | 22,066 | 5.5 | 17% |
| 2019 | 446,416 | 431,511 | 14,905 | 4.2 | 8% |
| 2020 | 609,558 | 469,518 | 140,040 | 7.4 | 21% |
| 2021 | 1,002,717 | 849,865 | 152,852 | 6.3 | 17% |
| 2022 | 896,729 | 905,358 | −8,629 | 5.8 | 31% |
In its most recent public year (2022), this organization spent $8,629 more than it brought in. Its reserves stood at about 5.8 months of spending, up from 0 in 2010. Staff pay was 31% of spending. $83,208 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
The Legacy Arts Project Inc's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works