Galaxy Art Group For Children
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 63,021 | 50,706 | 12,315 | 15.0 | — |
| 2021 | 49,838 | 41,048 | 8,790 | 21.1 | — |
| 2022 | 166,376 | 196,917 | −30,541 | 2.5 | — |
| 2023 | 80,864 | 94,253 | −13,389 | 3.6 | — |
In its most recent public year (2023), this organization spent $13,389 more than it brought in. Its reserves stood at about 3.6 months of spending, down from 15 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
Galaxy Art Group For Children's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works