Fort Smith Music And Arts Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 213,042 | 228,535 | −15,493 | -0.8 | 0% |
| 2016 | 296,082 | 276,986 | 19,096 | 0.2 | 0% |
| 2017 | 309,625 | 308,559 | 1,066 | 0.2 | 0% |
| 2018 | 381,417 | 374,899 | 6,518 | 0.4 | 0% |
| 2019 | 467,626 | 378,875 | 88,751 | 3.2 | 0% |
| 2020 | 755,676 | 531,744 | 223,932 | 7.3 | 0% |
| 2021 | 698,820 | 534,276 | 164,544 | 11.0 | 0% |
| 2022 | 866,530 | 844,232 | 22,298 | 7.4 | 0% |
| 2023 | 463,659 | 803,524 | −339,865 | 2.7 | 0% |
In its most recent public year (2023), this organization spent $339,865 more than it brought in. Its reserves stood at about 2.7 months of spending, up from -0.8 in 2015. Staff pay was 0% 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
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