Cityfest Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 754,606 | 689,008 | 65,598 | 2.5 | 0% |
| 2012 | 588,646 | 669,645 | −80,999 | 1.1 | 0% |
| 2013 | 734,376 | 669,957 | 64,419 | 2.3 | 0% |
| 2014 | 675,225 | 683,509 | −8,284 | 2.1 | 0% |
| 2015 | 741,043 | 762,656 | −21,613 | 1.5 | 0% |
| 2017 | 660,183 | 626,090 | 34,093 | 3.2 | 0% |
| 2018 | 939,365 | 952,094 | −12,729 | 2.0 | 0% |
| 2019 | 1,854,891 | 1,857,060 | −2,169 | 1.0 | 0% |
| 2020 | 1,286,764 | 984,521 | 302,243 | 5.6 | 0% |
| 2021 | 772,436 | 507,843 | 264,593 | 14.4 | 0% |
| 2022 | 2,027,164 | 1,407,141 | 620,023 | 10.5 | 0% |
| 2023 | 1,853,076 | 1,398,168 | 454,908 | 14.4 | 0% |
In its most recent public year (2023), this organization brought in $454,908 more than it spent. Its reserves stood at about 14.4 months of spending, up from 2.5 in 2011. Staff pay was 0% 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
Cityfest 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