Mt Airy Art Garage
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 55,716 | 54,558 | 1,158 | 11.5 | 0% |
| 2021 | 90,472 | 102,951 | −12,479 | 4.6 | 0% |
| 2022 | 104,945 | 114,281 | −9,336 | 3.2 | 0% |
| 2023 | 118,183 | 120,142 | −1,959 | 2.8 | 0% |
In its most recent public year (2023), this organization spent $1,959 more than it brought in. Its reserves stood at about 2.8 months of spending, down from 11.5 in 2020. Staff pay was 0% 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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