Cheng Asian Art Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 100,552 | 23,056 | 77,496 | 45.9 | — |
| 2015 | 120,000 | 25,272 | 94,728 | 86.9 | — |
| 2016 | 98,000 | 16,358 | 81,642 | 194.1 | — |
| 2017 | 0 | 7,984 | −7,984 | 385.7 | — |
| 2018 | 58,000 | 32,676 | 25,324 | 103.5 | — |
| 2019 | 0 | 16,718 | −16,718 | 190.4 | — |
| 2020 | 0 | 63,398 | −63,398 | 38.2 | — |
| 2021 | 0 | 25,050 | −25,050 | 84.7 | — |
| 2022 | 0 | 30,502 | −30,502 | 57.5 | 0% |
| 2023 | 0 | 101 | −101 | 17376.4 | 0% |
| 2024 | 0 | 674 | −674 | 2590.1 | 0% |
In its most recent public year (2024), this organization spent $674 more than it brought in. Its reserves stood at about 2590.1 months of spending, up from 45.9 in 2014. Staff pay was 0% 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 2024. 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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