Alternative Arts Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 57,577 | 26,543 | 31,034 | 16.4 | — |
| 2021 | 73,851 | 53,951 | 19,900 | 12.5 | — |
| 2022 | 43,800 | 138,321 | −94,521 | -3.3 | — |
| 2023 | 48,000 | 69,630 | −21,630 | -8.2 | — |
In its most recent public year (2023), this organization spent $21,630 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8.2 months), down from 16.4 in 2020.
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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