Griot Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 9,979 | 8,633 | 1,346 | 1.9 | — |
| 2013 | 68,626 | 44,851 | 23,775 | 6.9 | — |
| 2014 | 123,885 | 87,938 | 35,947 | 8.4 | — |
| 2015 | 109,550 | 164,118 | −54,568 | 0.5 | — |
| 2016 | 224,551 | 153,531 | 71,020 | 5.9 | 52% |
| 2017 | 244,670 | 312,843 | −68,173 | 0.3 | 55% |
| 2018 | 278,353 | 262,171 | 16,182 | 1.1 | 58% |
| 2019 | 459,080 | 360,412 | 98,668 | 4.1 | 60% |
| 2020 | 560,268 | 365,538 | 194,730 | 10.4 | 40% |
| 2021 | 633,542 | 580,420 | 53,122 | 7.0 | 47% |
| 2022 | 724,637 | 652,762 | 71,875 | 7.6 | 34% |
| 2023 | 666,060 | 749,764 | −83,704 | 5.3 | 41% |
In its most recent public year (2023), this organization spent $83,704 more than it brought in. Its reserves stood at about 5.3 months of spending, up from 1.9 in 2012. Staff pay was 41% of spending. $172,603 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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