La Farge Heritage Foundation Of Newport
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 271,582 | 18,587 | 252,995 | 168.9 | 0% |
| 2012 | 507,633 | 41,939 | 465,694 | 208.1 | 0% |
| 2013 | 32,783 | 84,104 | −51,321 | 96.4 | 0% |
| 2014 | 318,088 | 142,376 | 175,712 | 38.8 | 0% |
| 2015 | 119,044 | 104,319 | 14,725 | 54.6 | 0% |
| 2016 | 473,762 | 273,654 | 200,108 | 29.6 | 0% |
| 2017 | 279,734 | 266,306 | 13,428 | 31.0 | 0% |
| 2018 | 335,107 | 491,310 | −156,203 | 13.0 | 0% |
| 2019 | 81,452 | 245,292 | −163,840 | 18.0 | 0% |
| 2020 | 376,996 | 86,582 | 290,414 | 91.3 | 0% |
| 2021 | 343,737 | 135,362 | 208,375 | 76.9 | 0% |
| 2022 | 844,923 | 663,261 | 181,662 | 19.0 | 0% |
| 2023 | 35,064 | 570,234 | −535,170 | 10.7 | 0% |
In its most recent public year (2023), this organization spent $535,170 more than it brought in. Its reserves stood at about 10.7 months of spending, down from 168.9 in 2011. Staff pay was 0% of spending. $188,315 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
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