State Theater Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 91,538 | 56,211 | 35,327 | 68.4 | — |
| 2021 | 77,548 | 72,454 | 5,094 | 53.9 | — |
| 2022 | 74,646 | 84,658 | −10,012 | 44.7 | — |
| 2023 | 56,122 | 82,604 | −26,482 | 42.0 | — |
In its most recent public year (2023), this organization spent $26,482 more than it brought in. Its reserves stood at about 42 months of spending, down from 68.4 in 2020.
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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