Port Townsend School Of The Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 115,853 | 107,649 | 8,204 | 2.3 | — |
| 2017 | 189,660 | 145,762 | 43,898 | 5.3 | — |
| 2018 | 262,748 | 262,581 | 167 | 3.0 | 35% |
| 2019 | 540,813 | 404,205 | 136,608 | 6.0 | 26% |
| 2020 | 681,615 | 400,814 | 280,801 | 14.4 | 38% |
| 2021 | 1,050,284 | 838,480 | 211,804 | 16.1 | 37% |
| 2022 | 816,468 | 891,547 | −75,079 | 13.3 | 46% |
| 2023 | 577,523 | 1,033,665 | −456,142 | 6.4 | 47% |
In its most recent public year (2023), this organization spent $456,142 more than it brought in. Its reserves stood at about 6.4 months of spending, up from 2.3 in 2016. Staff pay was 47% 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
Port Townsend School Of The Arts'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