Carti Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,319,932 | 4,175,245 | 144,687 | 25.2 | 31% |
| 2021 | 2,569,148 | 5,275,529 | −2,706,381 | 15.0 | 5% |
| 2022 | 4,449,906 | 1,502,896 | 2,947,010 | 54.2 | 17% |
| 2023 | 3,539,407 | 2,551,092 | 988,315 | 40.2 | 10% |
In its most recent public year (2023), this organization brought in $988,315 more than it spent. Its reserves stood at about 40.2 months of spending, up from 25.2 in 2020. Staff pay was 10% of spending. $7,841,415 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 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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