Louisiana Americana And Folk Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 105,666 | 124,492 | −18,826 | -0.1 | — |
| 2021 | 165,100 | 177,612 | −12,512 | -0.9 | — |
| 2022 | 198,910 | 209,845 | −10,935 | -1.1 | — |
In its most recent public year (2022), this organization spent $10,935 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.1 months), down from -0.1 in 2020.
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 2022. 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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