Shenandoah Valley Art Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 248,889 | 195,331 | 53,558 | 92.1 | 29% |
| 2021 | 302,295 | 250,256 | 52,039 | 74.5 | 27% |
| 2022 | 289,277 | 285,313 | 3,964 | 64.0 | 27% |
| 2023 | 239,180 | 358,290 | −119,110 | 47.3 | 22% |
In its most recent public year (2023), this organization spent $119,110 more than it brought in. Its reserves stood at about 47.3 months of spending, down from 92.1 in 2020. Staff pay was 22% 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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