Future Arts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 94,548 | 94,485 | 63 | -0.0 | — |
| 2018 | 114,058 | 113,611 | 447 | 0.0 | — |
| 2019 | 193,128 | 193,366 | −238 | -0.0 | — |
| 2020 | 153,686 | 139,559 | 14,127 | 1.2 | — |
| 2021 | 403,477 | 226,359 | 177,118 | 10.2 | 7% |
| 2022 | 457,559 | 547,855 | −90,296 | 2.2 | 9% |
| 2023 | 567,499 | 455,292 | 112,207 | 5.6 | 18% |
In its most recent public year (2023), this organization brought in $112,207 more than it spent. Its reserves stood at about 5.6 months of spending, up from 0 in 2016. Staff pay was 18% 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
Future Arts Foundation'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