Gulf Coast Carnival & Literary Association Of Biloxi Mississippi
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 275,491 | 265,624 | 9,867 | 4.5 | 12% |
| 2011 | 290,687 | 255,199 | 35,488 | 6.4 | 13% |
| 2012 | 368,047 | 316,850 | 51,197 | 7.1 | 11% |
| 2013 | 344,352 | 311,113 | 33,239 | 8.5 | 11% |
| 2014 | 352,518 | 309,178 | 43,340 | 10.2 | 12% |
| 2015 | 368,573 | 342,376 | 26,197 | 10.2 | 11% |
| 2016 | 366,960 | 346,090 | 20,870 | 10.8 | 11% |
| 2017 | 470,371 | 357,290 | 113,081 | 14.2 | 11% |
| 2018 | 408,981 | 361,028 | 47,953 | 15.7 | 11% |
| 2019 | 422,587 | 389,267 | 33,320 | 15.6 | 16% |
| 2020 | 397,598 | 376,298 | 21,300 | 16.8 | 13% |
| 2021 | 118,553 | 136,228 | −17,675 | 44.8 | 36% |
| 2022 | 477,585 | 400,291 | 77,294 | 17.6 | 13% |
| 2023 | 478,649 | 418,824 | 59,825 | 18.5 | 12% |
In its most recent public year (2023), this organization brought in $59,825 more than it spent. Its reserves stood at about 18.5 months of spending, up from 4.5 in 2010. Staff pay was 12% 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
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