Apex Arts League
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 23,385 | 26,351 | −2,966 | 30.6 | 0% |
| 2018 | 50,933 | 47,077 | 3,856 | 18.2 | 0% |
| 2019 | 54,107 | 45,887 | 8,220 | 20.8 | 0% |
| 2020 | 21,693 | 21,183 | 510 | 45.4 | 0% |
| 2021 | 19,196 | 25,549 | −6,353 | 34.6 | 0% |
| 2022 | 40,952 | 34,989 | 5,963 | 27.3 | 0% |
| 2023 | 46,085 | 41,412 | 4,673 | 24.4 | 0% |
In its most recent public year (2023), this organization brought in $4,673 more than it spent. Its reserves stood at about 24.4 months of spending, down from 30.6 in 2013. 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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