Southern Association For Performance Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 151,013 | 146,549 | 4,464 | 0.4 | — |
| 2019 | 154,377 | 146,408 | 7,969 | 3.9 | — |
| 2020 | 95,865 | 89,638 | 6,227 | 7.2 | — |
| 2021 | 106,658 | 89,193 | 17,465 | 9.5 | — |
| 2022 | 203,073 | 215,338 | −12,265 | 3.3 | 0% |
| 2023 | 234,046 | 224,468 | 9,578 | 3.6 | 0% |
In its most recent public year (2023), this organization brought in $9,578 more than it spent. Its reserves stood at about 3.6 months of spending, up from 0.4 in 2018. 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 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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