Electric Lit Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 121,969 | 90,284 | 31,685 | 4.8 | — |
| 2015 | 180,103 | 183,273 | −3,170 | 2.2 | 39% |
| 2016 | 255,558 | 252,484 | 3,074 | 2.3 | 37% |
| 2017 | 283,704 | 282,662 | 1,042 | 2.1 | 33% |
| 2018 | 294,717 | 301,333 | −6,616 | 1.7 | 36% |
| 2019 | 280,663 | 291,937 | −11,274 | 1.3 | 37% |
| 2020 | 320,464 | 337,600 | −17,136 | 0.5 | 33% |
| 2021 | 328,113 | 355,741 | −27,628 | -0.4 | 18% |
| 2022 | 411,473 | 413,694 | −2,221 | -0.4 | 47% |
| 2023 | 477,969 | 470,053 | 7,916 | -0.2 | 39% |
In its most recent public year (2023), this organization brought in $7,916 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.2 months), down from 4.8 in 2014. Staff pay was 39% of spending. $6,500 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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