Lexington Arts And Crafts Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 674,898 | 331,182 | 343,716 | 49.9 | 32% |
| 2022 | 873,803 | 521,792 | 352,011 | 39.6 | 34% |
| 2023 | 709,550 | 615,786 | 93,764 | 35.4 | 40% |
In its most recent public year (2023), this organization brought in $93,764 more than it spent. Its reserves stood at about 35.4 months of spending, down from 49.9 in 2021. Staff pay was 40% of spending. $152,664 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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