Percussive Arts Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,731,688 | 1,846,470 | −114,782 | 20.5 | 35% |
| 2020 | 1,296,885 | 1,182,101 | 114,784 | 36.9 | 51% |
| 2021 | 2,367,696 | 1,852,087 | 515,609 | 28.4 | 32% |
| 2022 | 1,830,869 | 2,003,505 | −172,636 | 20.0 | 31% |
| 2023 | 1,467,731 | 1,826,643 | −358,912 | 21.6 | 30% |
In its most recent public year (2023), this organization spent $358,912 more than it brought in. Its reserves stood at about 21.6 months of spending, up from 20.5 in 2019. Staff pay was 30% of spending. $1,221,132 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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