Latin Ballet Of Virginia Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 163,505 | 128,253 | 35,252 | 9.2 | 66% |
| 2022 | 156,590 | 139,519 | 17,071 | 9.7 | 47% |
| 2023 | 276,263 | 197,514 | 78,749 | 11.6 | 55% |
In its most recent public year (2023), this organization brought in $78,749 more than it spent. Its reserves stood at about 11.6 months of spending, up from 9.2 in 2021. Staff pay was 55% 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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