Redwood City Parks And Arts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 101,944 | 4,384 | 97,560 | 267.3 | — |
| 2014 | 25,301 | 19,676 | 5,625 | 63.0 | — |
| 2015 | 172,373 | 155,439 | 16,934 | 9.3 | — |
| 2016 | 389,689 | 265,267 | 124,422 | 11.4 | 0% |
| 2017 | 537,810 | 204,824 | 332,986 | 34.3 | 0% |
| 2018 | 507,743 | 342,554 | 165,189 | 26.3 | 0% |
| 2019 | 438,505 | 338,801 | 99,704 | 29.4 | 0% |
| 2020 | 748,444 | 295,137 | 453,307 | 52.3 | 0% |
| 2021 | 684,995 | 526,397 | 158,598 | 32.7 | 0% |
| 2022 | 949,035 | 653,163 | 295,872 | 29.9 | 1% |
| 2023 | 654,557 | 389,572 | 264,985 | 60.2 | 1% |
In its most recent public year (2023), this organization brought in $264,985 more than it spent. Its reserves stood at about 60.2 months of spending, down from 267.3 in 2013. Staff pay was 1% of spending. $1,888,679 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 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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