Fashion Arts Collective
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 47,279 | 19,405 | 27,874 | 24.5 | — |
| 2015 | 44,196 | 19,171 | 25,025 | 40.5 | — |
| 2016 | 70,206 | 27,846 | 42,360 | 46.1 | — |
| 2017 | 66,647 | 82,451 | −15,804 | 13.3 | — |
| 2018 | 46,789 | 53,451 | −6,662 | 19.0 | — |
| 2019 | 56,263 | 61,365 | −5,102 | 15.5 | — |
| 2020 | 76,392 | 94,608 | −18,216 | 12.2 | — |
| 2021 | 60,291 | 75,837 | −15,546 | 12.7 | — |
| 2022 | 50,832 | 76,822 | −25,990 | 8.5 | — |
| 2023 | 35,954 | 76,768 | −40,814 | 2.1 | — |
In its most recent public year (2023), this organization spent $40,814 more than it brought in. Its reserves stood at about 2.1 months of spending, down from 24.5 in 2014.
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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