Art Inspiring Change
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 5,581 | 5,497 | 84 | 0.2 | — |
| 2017 | 390 | 122 | 268 | 34.6 | — |
| 2022 | 47,510 | 47,593 | −83 | 5.6 | — |
| 2023 | 51,780 | 41,917 | 9,863 | 9.2 | — |
In its most recent public year (2023), this organization brought in $9,863 more than it spent. Its reserves stood at about 9.2 months of spending, up from 0.2 in 2016.
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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