Central Park Performing Arts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 73,599 | 92,914 | −19,315 | 49.5 | 0% |
| 2022 | 95,004 | 68,786 | 26,218 | 78.0 | 0% |
| 2023 | 107,744 | 22,861 | 84,883 | 279.4 | 0% |
In its most recent public year (2023), this organization brought in $84,883 more than it spent. Its reserves stood at about 279.4 months of spending, up from 49.5 in 2020. Staff pay was 0% of spending. $267,248 of its net assets are donor-restricted.
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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