Seven Angels Theatre Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 728,797 | 674,050 | 54,747 | -5.2 | 50% |
| 2021 | 253,314 | 208,010 | 45,304 | -14.3 | 33% |
| 2022 | 904,682 | 883,701 | 20,981 | -3.1 | 43% |
| 2023 | 904,242 | 1,044,204 | −139,962 | 1.0 | 43% |
| 2024 | 1,109,982 | 1,288,132 | −178,150 | -0.8 | 33% |
In its most recent public year (2024), this organization spent $178,150 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.8 months), up from -5.2 in 2020. Staff pay was 33% 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 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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