Fine Arts Society Of Liberty Texas
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 18,514 | 10,115 | 8,399 | 17.7 | — |
| 2019 | 9,410 | 4,869 | 4,541 | 48.0 | — |
| 2020 | 8,527 | 4,000 | 4,527 | 72.0 | — |
| 2021 | 5,070 | 5,030 | 40 | 57.3 | — |
| 2022 | 12,291 | 11,447 | 844 | 26.1 | — |
| 2023 | 16,234 | 18,846 | −2,612 | 14.2 | — |
In its most recent public year (2023), this organization spent $2,612 more than it brought in. Its reserves stood at about 14.2 months of spending, down from 17.7 in 2018.
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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