Garage Cultural Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 313,828 | 163,250 | 150,578 | 12.2 | 7% |
| 2020 | 223,341 | 51,778 | 171,563 | 78.3 | 29% |
| 2022 | 489,833 | 165,168 | 324,665 | 48.5 | 16% |
| 2023 | 751,407 | 159,389 | 592,018 | 92.6 | 15% |
In its most recent public year (2023), this organization brought in $592,018 more than it spent. Its reserves stood at about 92.6 months of spending, up from 12.2 in 2019. Staff pay was 15% 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
Garage Cultural Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works