Suffolk Festivals Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 607,002 | 618,492 | −11,490 | 4.0 | 12% |
| 2012 | 538,671 | 566,012 | −27,341 | 3.8 | 14% |
| 2013 | 292,420 | 423,500 | −131,080 | 1.3 | 18% |
| 2014 | 538,379 | 544,565 | −6,186 | 0.9 | 15% |
| 2015 | 490,566 | 500,723 | −10,157 | 0.7 | 15% |
| 2016 | 344,038 | 327,380 | 16,658 | 1.7 | 20% |
| 2017 | 471,588 | 470,701 | 887 | 1.2 | 14% |
| 2018 | 485,163 | 438,588 | 46,575 | 2.6 | 18% |
| 2019 | 418,790 | 395,481 | 23,309 | 3.6 | 19% |
| 2020 | 43,479 | 47,867 | −4,388 | 28.3 | — |
| 2021 | 367,146 | 349,276 | 17,870 | 4.5 | 12% |
| 2022 | 544,982 | 417,306 | 127,676 | 7.4 | 16% |
| 2023 | 556,385 | 486,500 | 69,885 | 8.1 | 14% |
In its most recent public year (2023), this organization brought in $69,885 more than it spent. Its reserves stood at about 8.1 months of spending, up from 4 in 2011. Staff pay was 14% 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
Suffolk Festivals 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