Foundation4arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 816 | 30,339 | −29,523 | -11.7 | — |
| 2017 | 286,907 | 266,439 | 20,468 | -0.4 | 37% |
| 2018 | 399,088 | 435,033 | −35,945 | -1.2 | 32% |
| 2019 | 531,954 | 527,064 | 4,890 | -0.9 | 34% |
| 2020 | 422,152 | 507,340 | −85,188 | -2.0 | 39% |
| 2021 | 466,427 | 471,574 | −5,147 | -1.3 | 5% |
| 2022 | 426,051 | 495,457 | −69,406 | -2.9 | 5% |
| 2023 | 531,612 | 526,006 | 5,606 | -2.6 | 5% |
In its most recent public year (2023), this organization brought in $5,606 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2.6 months), up from -11.7 in 2016. Staff pay was 5% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works