Libertas Classical Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 354,313 | 227,514 | 126,799 | 6.7 | 74% |
| 2016 | 541,189 | 548,245 | −7,056 | 2.6 | 68% |
| 2017 | 823,342 | 826,159 | −2,817 | 1.7 | 69% |
| 2018 | 1,043,841 | 943,126 | 100,715 | 2.8 | 69% |
| 2019 | 1,024,981 | 1,125,101 | −100,120 | 1.3 | 68% |
| 2020 | 1,066,313 | 963,831 | 102,482 | 2.7 | 5% |
| 2021 | 1,235,636 | 1,108,989 | 126,647 | 3.7 | 63% |
| 2022 | 1,171,703 | 1,154,695 | 17,008 | 3.8 | 65% |
| 2023 | 1,235,471 | 1,424,189 | −188,718 | 1.5 | 63% |
In its most recent public year (2023), this organization spent $188,718 more than it brought in. Its reserves stood at about 1.5 months of spending, down from 6.7 in 2015. Staff pay was 63% of spending. $51,920 of its net assets are donor-restricted.
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
Libertas Classical Association'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