Black Arts Mke Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 168,330 | 9,579 | 158,751 | 198.9 | — |
| 2015 | 215,000 | 146,273 | 68,727 | 23.8 | 3% |
| 2016 | 328,756 | 340,864 | −12,108 | 9.8 | 1% |
| 2017 | 450,249 | 411,130 | 39,119 | 9.3 | 0% |
| 2018 | 457,317 | 514,001 | −56,684 | 6.1 | 0% |
| 2019 | 426,000 | 497,363 | −71,363 | 4.6 | 0% |
| 2020 | 372,865 | 194,287 | 178,578 | 22.7 | 0% |
| 2021 | 695,804 | 370,530 | 325,274 | 22.5 | 0% |
| 2022 | 815,509 | 722,095 | 93,414 | 13.1 | 0% |
| 2023 | 841,774 | 955,908 | −114,134 | 8.4 | 0% |
In its most recent public year (2023), this organization spent $114,134 more than it brought in. Its reserves stood at about 8.4 months of spending, down from 198.9 in 2014. Staff pay was 0% of spending. $190,688 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
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