Transformation Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 87,244 | 82,951 | 4,293 | 0.6 | — |
| 2019 | 150,329 | 143,971 | 6,358 | 0.5 | — |
| 2021 | 89,699 | 86,868 | 2,831 | 0.4 | 0% |
| 2022 | 218,307 | 146,717 | 71,590 | 6.8 | 4% |
| 2023 | 144,622 | 98,187 | 46,435 | 15.8 | 16% |
In its most recent public year (2023), this organization brought in $46,435 more than it spent. Its reserves stood at about 15.8 months of spending, up from 0.6 in 2018. Staff pay was 16% 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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