World Folkfest Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 19,726 | 18,236 | 1,490 | 26.4 | — |
| 2012 | 17,586 | 18,682 | −1,096 | 22.5 | — |
| 2013 | 18,203 | 16,981 | 1,222 | 30.1 | — |
| 2014 | 22,876 | 18,282 | 4,594 | 26.9 | — |
| 2015 | 27,816 | 16,984 | 10,832 | 35.4 | — |
| 2016 | 26,087 | 26,002 | 85 | 26.8 | — |
| 2017 | 25,101 | 19,049 | 6,052 | 40.4 | — |
| 2018 | 26,267 | 23,573 | 2,694 | 34.0 | — |
| 2019 | 28,394 | 24,173 | 4,221 | 35.3 | — |
| 2022 | 97,064 | 72,340 | 24,724 | 7.5 | — |
In its most recent public year (2022), this organization brought in $24,724 more than it spent. Its reserves stood at about 7.5 months of spending, down from 26.4 in 2011.
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 2022. 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
World Folkfest Inc's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works