Deseret Arts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 75,000 | 42,079 | 32,921 | 95.1 | 0% |
| 2017 | 470 | 40,471 | −40,001 | 87.0 | — |
| 2018 | 0 | 20,370 | −20,370 | 160.8 | — |
| 2019 | 8,214 | 49,428 | −41,214 | 56.3 | — |
| 2020 | 2,000 | 47,435 | −45,435 | 47.2 | — |
| 2021 | 255,000 | 31,016 | 223,984 | 158.8 | 0% |
| 2022 | 0 | 219,733 | −219,733 | 10.4 | 0% |
| 2023 | 50,000 | 173,316 | −123,316 | 4.7 | 0% |
In its most recent public year (2023), this organization spent $123,316 more than it brought in. Its reserves stood at about 4.7 months of spending, down from 95.1 in 2016. Staff pay was 0% of spending.
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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