Wichita Festivals Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,909,611 | 1,874,907 | 34,704 | 3.5 | 27% |
| 2012 | 1,614,742 | 1,707,836 | −93,094 | 3.3 | 28% |
| 2013 | 1,959,721 | 1,801,469 | 158,252 | 4.1 | 0% |
| 2014 | 2,009,826 | 2,056,739 | −46,913 | 3.4 | 0% |
| 2015 | 2,212,626 | 2,113,947 | 98,679 | 3.7 | 25% |
| 2016 | 2,429,611 | 2,300,428 | 129,183 | 4.2 | 26% |
| 2017 | 2,332,685 | 2,549,682 | −216,997 | 3.2 | 23% |
| 2018 | 2,448,326 | 2,429,912 | 18,414 | 2.9 | 25% |
| 2019 | 2,465,741 | 2,436,858 | 28,883 | 3.6 | 24% |
| 2020 | 611,886 | 888,294 | −276,408 | 6.9 | 52% |
| 2021 | 2,145,055 | 1,632,600 | 512,455 | 7.8 | 26% |
| 2022 | 2,914,850 | 2,440,758 | 474,092 | 6.8 | 20% |
| 2023 | 2,171,129 | 2,645,358 | −474,229 | 4.3 | 21% |
In its most recent public year (2023), this organization spent $474,229 more than it brought in. Its reserves stood at about 4.3 months of spending. Staff pay was 21% of spending. $1,642 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
Wichita Festivals Inc'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