Fatvillage Arts District Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 73,522 | 74,961 | −1,439 | -4.0 | 13% |
| 2020 | 5,540 | 33,780 | −28,240 | -17.1 | 30% |
In its most recent public year (2020), this organization spent $28,240 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-17.1 months), down from -4 in 2019. Staff pay was 30% 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 2020. 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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