Palm Springs Cultural Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 312,202 | 257,815 | 54,387 | 2.5 | 5% |
| 2012 | 373,103 | 383,199 | −10,096 | 1.4 | 5% |
| 2013 | 395,886 | 356,376 | 39,510 | 2.8 | 7% |
| 2014 | 427,768 | 405,961 | 21,807 | 3.1 | 5% |
| 2015 | 448,684 | 415,501 | 33,183 | 4.0 | 0% |
| 2016 | 5,730,560 | 973,638 | 4,756,922 | 60.3 | 16% |
| 2017 | 1,760,214 | 1,872,492 | −112,278 | 29.4 | 30% |
| 2018 | 1,744,510 | 1,975,952 | −231,442 | 26.5 | 28% |
| 2019 | 1,537,916 | 1,758,408 | −220,492 | 28.2 | 9% |
| 2020 | 973,129 | 1,107,113 | −133,984 | 43.3 | 25% |
| 2021 | 1,730,885 | 1,335,206 | 395,679 | 39.5 | 31% |
| 2022 | 1,457,650 | 1,957,938 | −500,288 | 23.9 | 34% |
| 2023 | 1,885,859 | 2,164,515 | −278,656 | 20.0 | 29% |
In its most recent public year (2023), this organization spent $278,656 more than it brought in. Its reserves stood at about 20 months of spending, up from 2.5 in 2011. Staff pay was 29% 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
Palm Springs Cultural 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