Leesburg Art Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 85,751 | 78,317 | 7,434 | 2.3 | — |
| 2012 | 92,489 | 92,489 | 0 | 1.6 | — |
| 2013 | 102,908 | 100,341 | 2,567 | 1.8 | — |
| 2014 | 110,506 | 114,301 | −3,795 | 1.1 | — |
| 2015 | 117,266 | 125,991 | −8,725 | 0.2 | — |
| 2016 | 131,570 | 130,709 | 861 | 0.3 | — |
| 2017 | 125,021 | 118,051 | 6,970 | 1.0 | — |
| 2018 | 146,053 | 145,120 | 933 | 0.9 | — |
| 2019 | 219,710 | 192,426 | 27,284 | 2.4 | 30% |
| 2020 | 144,903 | 163,108 | −18,205 | 1.5 | 45% |
| 2021 | 155,515 | 149,532 | 5,983 | 3.6 | 44% |
| 2022 | 143,370 | 169,380 | −26,010 | 1.3 | 34% |
| 2023 | 159,530 | 120,824 | 38,706 | 5.8 | 12% |
In its most recent public year (2023), this organization brought in $38,706 more than it spent. Its reserves stood at about 5.8 months of spending, up from 2.3 in 2011. Staff pay was 12% 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
Leesburg Art Festival Inc'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