Borrego Festivals Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 13,288 | 12,488 | 800 | 0.8 | — |
| 2014 | 14,196 | 3,630 | 10,566 | 37.6 | — |
| 2015 | 97,660 | 88,967 | 8,693 | 2.7 | — |
| 2016 | 81,752 | 54,848 | 26,904 | 10.3 | — |
| 2017 | 95,114 | 98,701 | −3,587 | 5.3 | — |
| 2018 | 111,323 | 116,039 | −4,716 | 4.0 | — |
| 2019 | 65,373 | 82,918 | −17,545 | 3.1 | — |
| 2020 | 35,344 | 46,503 | −11,159 | 2.6 | — |
| 2021 | 48,783 | 42,147 | 6,636 | 4.7 | — |
| 2022 | 75,135 | 56,583 | 18,552 | 7.5 | — |
| 2023 | 48,020 | 82,089 | −34,069 | 0.2 | — |
In its most recent public year (2023), this organization spent $34,069 more than it brought in. Its reserves stood at about 0.2 months 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
Borrego Festivals Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works