Kent Island Federation Of Art Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 47,495 | 44,956 | 2,539 | 8.8 | — |
| 2012 | 41,237 | 40,328 | 909 | 10.1 | — |
| 2013 | 37,008 | 37,070 | −62 | 11.0 | — |
| 2015 | 50,075 | 48,984 | 1,091 | 6.4 | — |
| 2016 | 43,341 | 34,695 | 8,646 | 12.1 | — |
| 2017 | 38,271 | 38,005 | 266 | 11.1 | — |
| 2018 | 49,992 | 46,280 | 3,712 | 10.1 | — |
| 2019 | 56,806 | 46,335 | 10,471 | 12.8 | — |
| 2020 | 51,492 | 52,536 | −1,044 | 11.0 | — |
| 2021 | 43,026 | 50,634 | −7,608 | 9.7 | — |
| 2022 | 520,091 | 77,656 | 442,435 | 75.0 | 0% |
| 2023 | 68,853 | 99,471 | −30,618 | 54.9 | 0% |
In its most recent public year (2023), this organization spent $30,618 more than it brought in. Its reserves stood at about 54.9 months of spending, up from 8.8 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
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