Friends Of The Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,324,388 | 3,293,012 | 31,376 | 12.1 | 25% |
| 2012 | 3,771,860 | 3,312,631 | 459,229 | 13.7 | 27% |
| 2013 | 3,382,915 | 3,280,940 | 101,975 | 14.3 | 6% |
| 2014 | 3,421,464 | 3,282,432 | 139,032 | 15.1 | 26% |
| 2015 | 3,926,929 | 3,675,572 | 251,357 | 13.7 | 24% |
| 2016 | 3,758,498 | 3,656,440 | 102,058 | 14.3 | 24% |
| 2017 | 3,489,079 | 3,722,540 | −233,461 | 13.4 | 24% |
| 2018 | 3,399,398 | 3,707,910 | −308,512 | 12.2 | 24% |
| 2019 | 2,798,413 | 4,647,641 | −1,849,228 | 4.6 | 19% |
| 2020 | 100,680 | 972,692 | −872,012 | 11.1 | 51% |
| 2021 | 2,793,952 | 771,908 | 2,022,044 | 45.4 | 63% |
| 2022 | 3,355,227 | 3,526,089 | −170,862 | 9.4 | 7% |
| 2023 | 2,162,708 | 3,653,358 | −1,490,650 | 4.1 | 8% |
In its most recent public year (2023), this organization spent $1,490,650 more than it brought in. Its reserves stood at about 4.1 months of spending, down from 12.1 in 2011. Staff pay was 8% 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
Friends Of The 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