Arts & Democracy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 97,046 | 51,330 | 45,716 | 24.7 | — |
| 2021 | 63,991 | 67,402 | −3,411 | 18.2 | — |
| 2022 | 70,602 | 68,494 | 2,108 | 18.3 | — |
| 2023 | 84,935 | 88,170 | −3,235 | 13.8 | — |
In its most recent public year (2023), this organization spent $3,235 more than it brought in. Its reserves stood at about 13.8 months of spending, down from 24.7 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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