Blackstar Projects Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 78,477 | 72,030 | 6,447 | 1.1 | — |
| 2015 | 186,478 | 164,878 | 21,600 | 2.0 | — |
| 2016 | 263,099 | 244,985 | 18,114 | 0.0 | 11% |
| 2017 | 290,516 | 323,110 | −32,594 | 0.5 | 12% |
| 2018 | 474,086 | 455,652 | 18,434 | 0.8 | 0% |
| 2019 | 739,905 | 522,477 | 217,428 | 5.7 | 8% |
| 2020 | 2,653,110 | 991,394 | 1,661,716 | 25.1 | 23% |
| 2021 | 4,267,503 | 2,740,286 | 1,527,217 | 15.8 | 26% |
| 2022 | 5,152,810 | 3,796,085 | 1,356,725 | 15.7 | 26% |
| 2023 | 4,991,696 | 5,786,380 | −794,684 | 8.6 | 35% |
In its most recent public year (2023), this organization spent $794,684 more than it brought in. Its reserves stood at about 8.6 months of spending, up from 1.1 in 2014. Staff pay was 35% of spending. $2,773,725 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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