Josephy Center For Arts And Culture
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,709,082 | 312,294 | 1,396,788 | 64.7 | 54% |
| 2022 | 496,798 | 397,681 | 99,117 | 53.4 | 62% |
| 2023 | 489,416 | 495,038 | −5,622 | 42.8 | 56% |
In its most recent public year (2023), this organization spent $5,622 more than it brought in. Its reserves stood at about 42.8 months of spending, down from 64.7 in 2021. Staff pay was 56% 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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