Newman Fall Festival
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 75,603 | 71,818 | 3,785 | 0.6 | — |
| 2022 | 78,368 | 66,757 | 11,611 | 5.6 | — |
| 2023 | 91,240 | 67,759 | 23,481 | 8.0 | — |
In its most recent public year (2023), this organization brought in $23,481 more than it spent. Its reserves stood at about 8 months of spending, up from 0.6 in 2021.
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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