Lowell Makes
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 8,202 | 17,534 | −9,332 | -6.4 | — |
| 2014 | 59,154 | 75,613 | −16,459 | -3.6 | — |
| 2016 | 227,153 | 189,373 | 37,780 | 0.0 | 0% |
| 2017 | 135,789 | 166,270 | −30,481 | 8.7 | 0% |
| 2018 | 138,839 | 135,968 | 2,871 | 3.2 | — |
| 2019 | 136,031 | 108,192 | 27,839 | 7.2 | — |
| 2020 | 347,398 | 240,649 | 106,749 | 8.7 | 0% |
| 2021 | 507,546 | 379,075 | 128,471 | 9.6 | 0% |
| 2022 | 407,994 | 346,761 | 61,233 | 12.6 | 11% |
| 2023 | 395,241 | 334,125 | 61,116 | 15.3 | 0% |
In its most recent public year (2023), this organization brought in $61,116 more than it spent. Its reserves stood at about 15.3 months of spending, up from -6.4 in 2013. Staff pay was 0% 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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