Varick Renaissance Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 333,352 | 152,733 | 180,619 | 78.6 | 0% |
| 2021 | 333,678 | 169,401 | 164,277 | 66.2 | 0% |
| 2023 | 214,162 | 255,732 | −41,570 | 28.3 | 0% |
In its most recent public year (2023), this organization spent $41,570 more than it brought in. Its reserves stood at about 28.3 months of spending, down from 78.6 in 2020. Staff pay was 0% 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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