Wake Forest Cultural Arts Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 58,536 | 48,919 | 9,617 | 8.7 | — |
| 2020 | 52,032 | 33,591 | 18,441 | 19.2 | — |
| 2021 | 22,074 | 15,748 | 6,326 | 45.9 | — |
| 2022 | 58,596 | 48,849 | 9,747 | 17.2 | — |
In its most recent public year (2022), this organization brought in $9,747 more than it spent. Its reserves stood at about 17.2 months of spending, up from 8.7 in 2019.
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 2022. 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
Wake Forest Cultural Arts Association Inc's IRS filings as a feed — one entry per filing year, through 2022. 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