Daybreak Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 72,062 | 74,222 | −2,160 | 9.4 | — |
| 2019 | 118,306 | 128,244 | −9,938 | 4.5 | — |
| 2020 | 166,871 | 136,364 | 30,507 | 6.8 | — |
| 2021 | 173,764 | 153,293 | 20,471 | 7.7 | — |
| 2022 | 218,119 | 161,826 | 56,293 | 11.3 | 54% |
| 2023 | 212,809 | 195,251 | 17,558 | 10.4 | 64% |
| 2024 | 228,702 | 208,091 | 20,611 | 11.0 | 64% |
In its most recent public year (2024), this organization brought in $20,611 more than it spent. Its reserves stood at about 11 months of spending, up from 9.4 in 2018. Staff pay was 64% 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 2024. 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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