Audacity Performing Arts Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 64,911 | 64,283 | 628 | 0.5 | — |
| 2017 | 77,786 | 71,932 | 5,854 | 1.4 | — |
| 2018 | 85,870 | 90,552 | −4,682 | 0.5 | — |
| 2019 | 135,725 | 122,304 | 13,421 | 1.7 | — |
| 2020 | 95,203 | 60,237 | 34,966 | 10.4 | — |
| 2021 | 43,378 | 48,500 | −5,122 | 11.6 | — |
| 2022 | 398,582 | 318,035 | 80,547 | 4.8 | 93% |
| 2023 | 557,036 | 523,749 | 33,287 | 4.0 | 83% |
In its most recent public year (2023), this organization brought in $33,287 more than it spent. Its reserves stood at about 4 months of spending, up from 0.5 in 2016. Staff pay was 83% 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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