Gulf Coast-A Journal Of Literature & Fine Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 242,867 | 191,718 | 51,149 | 17.5 | 19% |
| 2022 | 250,242 | 246,318 | 3,924 | 14.2 | 22% |
| 2023 | 235,698 | 222,665 | 13,033 | 16.0 | 22% |
| 2024 | 210,928 | 235,468 | −24,540 | 13.8 | 31% |
In its most recent public year (2024), this organization spent $24,540 more than it brought in. Its reserves stood at about 13.8 months of spending, down from 17.5 in 2021. Staff pay was 31% 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 2024. 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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