Scotfest Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 162,841 | 156,893 | 5,948 | 0.7 | — |
| 2012 | 125,015 | 118,613 | 6,402 | 1.2 | — |
| 2013 | 164,095 | 126,602 | 37,493 | 1.2 | — |
| 2014 | 149,825 | 143,918 | 5,907 | 1.1 | — |
| 2015 | 187,867 | 207,550 | −19,683 | -0.4 | — |
| 2016 | 179,150 | 180,013 | −863 | -0.5 | — |
| 2017 | 198,010 | 168,427 | 29,583 | 1.6 | — |
| 2018 | 235,920 | 208,964 | 26,956 | 2.8 | 0% |
| 2019 | 261,460 | 301,530 | −40,070 | 0.4 | 0% |
| 2020 | 52,337 | 51,366 | 971 | 2.3 | 0% |
| 2021 | 533,893 | 396,439 | 137,454 | 4.3 | 0% |
| 2022 | 583,211 | 590,550 | −7,339 | 2.8 | 0% |
| 2023 | 560,520 | 606,747 | −46,227 | 1.8 | 0% |
In its most recent public year (2023), this organization spent $46,227 more than it brought in. Its reserves stood at about 1.8 months of spending, up from 0.7 in 2011. 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 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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