North American Folk Music And Dance Alliance Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 539,141 | 448,871 | 90,270 | 4.8 | 0% |
| 2012 | 756,227 | 656,655 | 99,572 | 5.4 | 0% |
| 2013 | 600,415 | 652,574 | −52,159 | 4.5 | 0% |
| 2014 | 1,085,142 | 841,743 | 243,399 | 6.9 | 0% |
| 2015 | 944,591 | 881,280 | 63,311 | 7.5 | 0% |
| 2016 | 981,602 | 987,882 | −6,280 | 6.6 | 21% |
| 2017 | 983,136 | 1,027,478 | −44,342 | 5.8 | 18% |
| 2018 | 858,062 | 1,151,860 | −293,798 | 2.2 | 7% |
| 2019 | 1,229,530 | 1,409,305 | −179,775 | 0.2 | 0% |
| 2020 | 337,958 | 387,894 | −49,936 | -1.1 | 0% |
| 2021 | 316,340 | 779,466 | −463,126 | -7.7 | 0% |
| 2022 | 1,475,792 | 753,277 | 722,515 | 0.0 | 9% |
| 2023 | 483,489 | 780,624 | −297,135 | -4.7 | 8% |
In its most recent public year (2023), this organization spent $297,135 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.7 months), down from 4.8 in 2011. Staff pay was 8% 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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