Solvang Danish Days Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 105,078 | 87,500 | 17,578 | 3.7 | 0% |
| 2012 | 93,047 | 87,393 | 5,654 | 4.4 | 0% |
| 2013 | 92,553 | 95,034 | −2,481 | 3.8 | 0% |
| 2014 | 110,555 | 95,575 | 14,980 | 5.6 | 0% |
| 2015 | 101,703 | 100,818 | 885 | 5.4 | 0% |
| 2016 | 130,365 | 88,057 | 42,308 | 12.0 | 0% |
| 2017 | 98,465 | 102,889 | −4,424 | 6.0 | 0% |
| 2018 | 108,640 | 122,190 | −13,550 | 3.7 | 0% |
| 2019 | 112,844 | 111,340 | 1,504 | 4.2 | 0% |
| 2020 | 5,159 | 13,769 | −8,610 | 26.6 | 0% |
| 2021 | 20,004 | 11,185 | 8,819 | 42.1 | 0% |
| 2022 | 107,521 | 105,866 | 1,655 | 4.6 | 0% |
| 2023 | 121,648 | 124,383 | −2,735 | 4.6 | 0% |
In its most recent public year (2023), this organization spent $2,735 more than it brought in. Its reserves stood at about 4.6 months of spending. 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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