Perquimans Arts League
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 74,411 | 51,293 | 23,118 | 23.4 | — |
| 2022 | 73,775 | 56,649 | 17,126 | 25.2 | — |
| 2023 | 96,513 | 72,057 | 24,456 | 23.9 | — |
| 2024 | 74,372 | 61,117 | 13,255 | 30.2 | — |
In its most recent public year (2024), this organization brought in $13,255 more than it spent. Its reserves stood at about 30.2 months of spending, up from 23.4 in 2021.
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 2024. 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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