Stonegate Arts & Education Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 244,562 | 165,561 | 79,001 | 20.2 | 43% |
| 2021 | 150,977 | 154,387 | −3,410 | 21.4 | 41% |
| 2022 | 149,229 | 188,214 | −38,985 | 15.1 | 48% |
| 2023 | 157,573 | 210,365 | −52,792 | 10.5 | 49% |
In its most recent public year (2023), this organization spent $52,792 more than it brought in. Its reserves stood at about 10.5 months of spending, down from 20.2 in 2020. Staff pay was 49% 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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