Litchfield Performing Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 508,076 | 410,873 | 97,203 | 0.2 | 27% |
| 2022 | 810,041 | 715,660 | 94,381 | 1.6 | 10% |
| 2023 | 752,111 | 793,969 | −41,858 | 0.8 | 9% |
In its most recent public year (2023), this organization spent $41,858 more than it brought in. Its reserves stood at about 0.8 months of spending. Staff pay was 9% of spending. $73,554 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works