Color Me Africa Fine Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,411 | 3,773 | 2,638 | 8.5 | — |
| 2021 | 15,114 | 21,409 | −6,295 | -2.0 | — |
| 2022 | 15,528 | 14,605 | 923 | -2.2 | — |
| 2023 | 5,759 | 3,524 | 2,235 | -1.6 | — |
In its most recent public year (2023), this organization brought in $2,235 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.6 months), down from 8.5 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 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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