Patrician Arms
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 536,777 | 587,579 | −50,802 | 54.7 | 20% |
| 2022 | 538,038 | 705,963 | −167,925 | 42.7 | 20% |
| 2023 | 553,408 | 620,712 | −67,304 | 47.2 | 22% |
| 2024 | 616,681 | 700,831 | −84,150 | 40.4 | 20% |
In its most recent public year (2024), this organization spent $84,150 more than it brought in. Its reserves stood at about 40.4 months of spending, down from 54.7 in 2021. Staff pay was 20% of spending. $3,969,100 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 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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