1520 Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 172,708 | 177,370 | −4,662 | 2.4 | — |
| 2020 | 145,018 | 191,409 | −46,391 | -0.7 | — |
| 2021 | 232,127 | 219,721 | 12,406 | 0.1 | 17% |
| 2022 | 262,447 | 279,455 | −17,008 | -0.6 | 36% |
| 2023 | 312,275 | 294,729 | 17,546 | 0.1 | 30% |
In its most recent public year (2023), this organization brought in $17,546 more than it spent. Its reserves stood at about 0.1 months of spending, down from 2.4 in 2019. Staff pay was 30% 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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