Firehouse Cultural Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 158,632 | 119,074 | 39,558 | 5.7 | 63% |
| 2015 | 200,021 | 210,326 | −10,305 | 2.6 | 48% |
| 2016 | 308,379 | 286,530 | 21,849 | 3.7 | 42% |
| 2017 | 276,931 | 281,033 | −4,102 | 2.3 | 44% |
| 2018 | 276,695 | 306,483 | −29,788 | 4.6 | 44% |
| 2019 | 336,653 | 345,194 | −8,541 | 3.8 | 39% |
| 2020 | 337,503 | 307,146 | 30,357 | 5.5 | 41% |
| 2021 | 292,901 | 259,028 | 33,873 | 13.5 | 61% |
| 2022 | 500,552 | 395,794 | 104,758 | 12.0 | 30% |
In its most recent public year (2022), this organization brought in $104,758 more than it spent. Its reserves stood at about 12 months of spending. Staff pay was 30% of spending. $45,000 of its net assets are donor-restricted.
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 2022. 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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