Charlotte Advent Media Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 831,930 | 179,220 | 652,710 | 46.0 | 13% |
| 2016 | 130,975 | 153,287 | −22,312 | 52.1 | 29% |
| 2017 | 383,563 | 213,985 | 169,578 | 46.8 | 23% |
| 2018 | 199,345 | 197,008 | 2,337 | 51.0 | 25% |
| 2019 | 137,970 | 149,109 | −11,139 | 67.8 | 15% |
| 2020 | 128,839 | 134,595 | −5,756 | 74.6 | 22% |
| 2021 | 151,059 | 156,163 | −5,104 | 63.9 | 21% |
| 2022 | 172,622 | 165,133 | 7,489 | 61.0 | 27% |
| 2023 | 127,476 | 194,140 | −66,664 | 47.7 | 30% |
In its most recent public year (2023), this organization spent $66,664 more than it brought in. Its reserves stood at about 47.7 months of spending, up from 46 in 2015. Staff pay was 30% 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
Charlotte Advent Media Corporation'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