Patrons Of Exceptional Artists Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 262,726 | 216,340 | 46,386 | 4.4 | 0% |
| 2022 | 271,132 | 325,129 | −53,997 | -0.1 | 19% |
| 2023 | 638,305 | 508,282 | 130,023 | 1.0 | 7% |
In its most recent public year (2023), this organization brought in $130,023 more than it spent. Its reserves stood at about 1 months of spending, down from 4.4 in 2020. Staff pay was 7% 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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