Pittsburgh International Folk Arts Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 56,603 | 8,300 | 48,303 | 69.8 | — |
| 2017 | 3,077,892 | 1,042,423 | 2,035,469 | 24.0 | 31% |
| 2018 | 521,439 | 1,041,956 | −520,517 | 18.0 | 30% |
| 2019 | 849,583 | 891,711 | −42,128 | 20.8 | 26% |
| 2020 | 374,137 | 615,076 | −240,939 | 24.8 | 33% |
| 2021 | 172,848 | 363,410 | −190,562 | 35.8 | 19% |
| 2022 | 530,308 | 415,103 | 115,205 | 31.7 | 22% |
| 2023 | 487,691 | 493,217 | −5,526 | 26.6 | 20% |
In its most recent public year (2023), this organization spent $5,526 more than it brought in. Its reserves stood at about 26.6 months of spending, down from 69.8 in 2016. Staff pay was 20% of spending. $39,127 of its net assets are donor-restricted.
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
Pittsburgh International Folk Arts Institute'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