Sombrero Festival Ltd
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 164,660 | 63,095 | 101,565 | 19.9 | 0% |
| 2011 | 153,124 | 79,870 | 73,254 | 26.8 | 0% |
| 2012 | 152,724 | 88,655 | 64,069 | 32.8 | 0% |
| 2013 | 211,036 | 148,801 | 62,235 | 24.5 | 0% |
| 2014 | 88,576 | 22,251 | 66,325 | 199.9 | 0% |
| 2015 | 52,069 | 30,667 | 21,402 | 153.4 | 0% |
| 2016 | 91,566 | 24,636 | 66,930 | 223.6 | 0% |
| 2017 | 320,148 | 98,352 | 221,796 | 83.1 | 0% |
| 2018 | 333,991 | 116,870 | 217,121 | 92.2 | 0% |
| 2019 | 334,274 | 156,383 | 177,891 | 82.6 | 0% |
| 2020 | 238,235 | 181,694 | 56,541 | 74.8 | 0% |
| 2021 | 6,935 | 40,988 | −34,053 | 321.8 | 0% |
| 2022 | 103,455 | 68,949 | 34,506 | 197.3 | 0% |
| 2023 | 442,922 | 57,146 | 385,776 | 319.1 | 0% |
In its most recent public year (2023), this organization brought in $385,776 more than it spent. Its reserves stood at about 319.1 months of spending, up from 19.9 in 2010. 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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