Black Liberated Arts Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 113,266 | 147,601 | −34,335 | -0.1 | — |
| 2021 | 264,873 | 173,549 | 91,324 | 6.2 | 32% |
| 2022 | 180,920 | 188,053 | −7,133 | 5.3 | — |
| 2023 | 239,785 | 277,087 | −37,302 | 2.0 | 24% |
In its most recent public year (2023), this organization spent $37,302 more than it brought in. Its reserves stood at about 2 months of spending, up from -0.1 in 2020. Staff pay was 24% 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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