Friends Of The Sherwood Center For The Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 6,513 | 2,505 | 4,008 | 133.1 | — |
| 2022 | 1,501 | 2,723 | −1,222 | 117.0 | — |
| 2023 | 1,717 | 5,251 | −3,534 | 52.6 | — |
In its most recent public year (2023), this organization spent $3,534 more than it brought in. Its reserves stood at about 52.6 months of spending, down from 133.1 in 2021.
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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