Turnaround Arts California
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 395,831 | 335,971 | 59,860 | 2.1 | 21% |
| 2016 | 967,064 | 656,494 | 310,570 | 6.8 | 37% |
| 2017 | 346,797 | 926,773 | −579,976 | 2.5 | 25% |
| 2018 | 2,015,104 | 1,157,788 | 857,316 | 10.9 | 21% |
| 2019 | 2,086,027 | 1,601,463 | 484,564 | 11.5 | 16% |
| 2020 | 1,051,818 | 1,295,241 | −243,423 | 11.9 | 29% |
| 2021 | 967,678 | 1,114,009 | −146,331 | 13.3 | 33% |
| 2022 | 3,199,776 | 1,037,570 | 2,162,206 | 40.4 | 41% |
| 2023 | 1,662,756 | 1,416,678 | 246,078 | 31.7 | 40% |
In its most recent public year (2023), this organization brought in $246,078 more than it spent. Its reserves stood at about 31.7 months of spending, up from 2.1 in 2015. Staff pay was 40% 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
Turnaround Arts California'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