Folk School Of Fayetteville Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 301,292 | 188,996 | 112,296 | 7.1 | 0% |
| 2018 | 1,202,377 | 1,110,233 | 92,144 | 2.2 | 13% |
| 2019 | 825,018 | 913,027 | −88,009 | 1.5 | 16% |
| 2020 | 700,052 | 389,802 | 310,250 | 14.3 | 28% |
| 2021 | 764,462 | 966,548 | −202,086 | 4.3 | 16% |
| 2022 | 535,544 | 859,983 | −324,439 | 0.2 | 38% |
| 2023 | 184,466 | 148,614 | 35,852 | 4.3 | 9% |
In its most recent public year (2023), this organization brought in $35,852 more than it spent. Its reserves stood at about 4.3 months of spending, down from 7.1 in 2017. Staff pay was 9% 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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