Folk Arts Center Of New England Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 395,079 | 403,705 | −8,626 | 4.4 | 19% |
| 2012 | 423,255 | 335,480 | 87,775 | 8.4 | 23% |
| 2013 | 342,184 | 432,843 | −90,659 | 4.0 | 20% |
| 2014 | 351,446 | 336,088 | 15,358 | 5.7 | 25% |
| 2015 | 359,179 | 362,060 | −2,881 | 5.2 | 25% |
| 2016 | 355,750 | 353,791 | 1,959 | 5.0 | 25% |
| 2017 | 355,959 | 343,000 | 12,959 | 5.6 | 24% |
| 2018 | 371,433 | 346,446 | 24,987 | 6.4 | 25% |
| 2019 | 372,362 | 369,117 | 3,245 | 6.1 | 24% |
| 2020 | 298,229 | 284,306 | 13,923 | 8.5 | 38% |
| 2021 | 267,248 | 228,390 | 38,858 | 12.7 | 49% |
| 2022 | 243,489 | 257,367 | −13,878 | 10.6 | 43% |
| 2023 | 377,918 | 379,625 | −1,707 | 7.1 | 34% |
In its most recent public year (2023), this organization spent $1,707 more than it brought in. Its reserves stood at about 7.1 months of spending, up from 4.4 in 2011. Staff pay was 34% 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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