Solivita Performing Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 53,658 | 49,972 | 3,686 | 10.1 | — |
| 2018 | 52,406 | 42,027 | 10,379 | 14.9 | — |
| 2019 | 45,681 | 51,392 | −5,711 | 10.9 | — |
| 2023 | 52,603 | 50,289 | 2,314 | 6.9 | — |
In its most recent public year (2023), this organization brought in $2,314 more than it spent. Its reserves stood at about 6.9 months of spending, down from 10.1 in 2017.
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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