White House Community Initiative For The Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 575 | 316 | 259 | 71.8 | — |
| 2022 | 435 | 628 | −193 | 32.4 | — |
| 2023 | 1,059 | 2,176 | −1,117 | 3.2 | — |
| 2024 | 664 | 1,024 | −360 | 2.6 | — |
In its most recent public year (2024), this organization spent $360 more than it brought in. Its reserves stood at about 2.6 months of spending, down from 71.8 in 2021.
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 2024. 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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