Florence Thomas Art School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 436,351 | 66,252 | 370,099 | 67.0 | 31% |
| 2012 | 47,496 | 89,835 | −42,339 | 44.2 | — |
| 2013 | 99,932 | 95,307 | 4,625 | 43.0 | — |
| 2014 | 128,781 | 116,318 | 12,463 | 36.1 | — |
| 2015 | 137,652 | 129,416 | 8,236 | 33.3 | — |
| 2016 | 141,029 | 142,146 | −1,117 | 30.2 | — |
| 2017 | 118,508 | 136,124 | −17,616 | 30.0 | — |
| 2018 | 152,704 | 162,265 | −9,561 | 24.5 | — |
| 2019 | 146,243 | 150,705 | −4,462 | 26.0 | — |
| 2020 | 155,358 | 134,343 | 21,015 | 31.0 | — |
| 2021 | 215,214 | 169,642 | 45,572 | 27.2 | 51% |
| 2022 | 195,117 | 190,728 | 4,389 | 24.5 | — |
| 2023 | 169,830 | 169,466 | 364 | 27.6 | — |
In its most recent public year (2023), this organization brought in $364 more than it spent. Its reserves stood at about 27.6 months of spending, down from 67 in 2011.
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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