Sitar Arts Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,780,043 | 1,552,888 | 227,155 | 18.3 | 42% |
| 2012 | 1,589,138 | 1,384,605 | 204,533 | 22.3 | 44% |
| 2013 | 1,507,995 | 1,416,396 | 91,599 | 22.6 | 41% |
| 2014 | 2,596,369 | 1,589,788 | 1,006,581 | 27.7 | 42% |
| 2015 | 1,941,498 | 1,634,427 | 307,071 | 29.2 | 44% |
| 2016 | 2,296,000 | 1,849,497 | 446,503 | 28.7 | 46% |
| 2017 | 2,119,974 | 1,914,367 | 205,607 | 29.1 | 45% |
| 2018 | 2,532,320 | 2,164,395 | 367,925 | 27.8 | 42% |
| 2019 | 2,300,587 | 2,392,404 | −91,817 | 24.2 | 47% |
| 2020 | 4,148,632 | 2,506,292 | 1,642,340 | 30.8 | 47% |
| 2021 | 3,742,303 | 2,409,249 | 1,333,054 | 38.8 | 53% |
| 2022 | 3,951,154 | 2,599,791 | 1,351,363 | 41.9 | 54% |
| 2023 | 3,454,863 | 3,145,745 | 309,118 | 35.9 | 54% |
In its most recent public year (2023), this organization brought in $309,118 more than it spent. Its reserves stood at about 35.9 months of spending, up from 18.3 in 2011. Staff pay was 54% of spending. $2,929,990 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
Sitar Arts Center'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