Turnpark Art Space Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 118,345 | 148,151 | −29,806 | 9.1 | 41% |
| 2021 | 235,721 | 252,051 | −16,330 | 5.0 | 31% |
| 2022 | 272,830 | 258,859 | 13,971 | 4.6 | 0% |
| 2023 | 91,123 | 250,502 | −159,379 | -2.9 | 35% |
In its most recent public year (2023), this organization spent $159,379 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.9 months), down from 9.1 in 2020. Staff pay was 35% 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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