Eastern Shore Art Assn Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 810,553 | 607,104 | 203,449 | 25.7 | 0% |
| 2020 | 442,670 | 516,570 | −73,900 | 28.4 | 0% |
| 2021 | 610,454 | 518,830 | 91,624 | 30.4 | 30% |
| 2022 | 607,564 | 686,144 | −78,580 | 21.6 | 28% |
| 2023 | 676,382 | 754,613 | −78,231 | 18.4 | 30% |
| 2024 | 686,657 | 740,168 | −53,511 | 17.9 | 33% |
In its most recent public year (2024), this organization spent $53,511 more than it brought in. Its reserves stood at about 17.9 months of spending, down from 25.7 in 2019. Staff pay was 33% of spending. $65,002 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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