Local Colors Of Western Virginia Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 79,624 | 45,688 | 33,936 | 32.8 | — |
| 2012 | 84,076 | 53,143 | 30,933 | 35.2 | — |
| 2013 | 51,628 | 67,522 | −15,894 | 25.1 | — |
| 2014 | 46,310 | 95,442 | −49,132 | 11.6 | — |
| 2015 | 53,970 | 68,223 | −14,253 | 13.7 | — |
| 2016 | 66,655 | 65,111 | 1,544 | 14.6 | — |
| 2017 | 68,897 | 68,894 | 3 | 13.8 | — |
| 2018 | 47,776 | 66,700 | −18,924 | 10.7 | — |
| 2019 | 62,262 | 65,491 | −3,229 | 10.3 | — |
| 2020 | 54,554 | 53,269 | 1,285 | 13.0 | — |
| 2021 | 65,289 | 68,346 | −3,057 | 9.8 | — |
| 2022 | 65,726 | 73,103 | −7,377 | 8.0 | — |
| 2023 | 76,364 | 74,733 | 1,631 | 8.3 | — |
In its most recent public year (2023), this organization brought in $1,631 more than it spent. Its reserves stood at about 8.3 months of spending, down from 32.8 in 2011.
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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