Los Angeles Center Of Photography
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 989,395 | 886,733 | 102,662 | 2.9 | 9% |
| 2021 | 955,968 | 880,803 | 75,165 | 3.8 | 0% |
| 2022 | 790,166 | 915,973 | −125,807 | 1.8 | 12% |
| 2023 | 1,033,330 | 1,099,238 | −65,908 | 0.9 | 39% |
In its most recent public year (2023), this organization spent $65,908 more than it brought in. Its reserves stood at about 0.9 months of spending, down from 2.9 in 2020. Staff pay was 39% of spending. $72,920 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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