Thegifted Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 35,744 | 29,376 | 6,368 | 0.7 | — |
| 2018 | 83,207 | 61,987 | 21,220 | 4.1 | — |
| 2019 | 123,489 | 114,633 | 8,856 | 3.1 | — |
| 2020 | 189,444 | 146,610 | 42,834 | 6.0 | — |
| 2021 | 220,376 | 254,448 | −34,072 | 1.8 | 78% |
| 2022 | 455,112 | 332,750 | 122,362 | 5.8 | 59% |
| 2023 | 377,700 | 454,039 | −76,339 | 2.2 | 62% |
In its most recent public year (2023), this organization spent $76,339 more than it brought in. Its reserves stood at about 2.2 months of spending, up from 0.7 in 2017. Staff pay was 62% 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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