Palm Beach Insitute For The Entertainment Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 35,486 | 48,452 | −12,966 | 0.7 | 0% |
| 2020 | 41,037 | 44,747 | −3,710 | 5.9 | 0% |
| 2021 | 56,059 | 57,496 | −1,437 | 5.5 | 0% |
| 2022 | 54,184 | 74,055 | −19,871 | 1.1 | 0% |
In its most recent public year (2022), this organization spent $19,871 more than it brought in. Its reserves stood at about 1.1 months of spending. Staff pay was 0% 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 2022. 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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