The Poetic Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 79,497 | 49,377 | 30,120 | 17.9 | — |
| 2014 | 80,137 | 38,989 | 41,148 | 35.3 | — |
| 2015 | 40,006 | 110,184 | −70,178 | 4.9 | — |
| 2016 | 71,340 | 41,652 | 29,688 | 21.4 | — |
| 2017 | 359,739 | 373,397 | −13,658 | 1.9 | 0% |
| 2018 | 478,031 | 434,123 | 43,908 | 2.9 | 0% |
| 2019 | 77,366 | 113,141 | −35,775 | 7.3 | — |
| 2020 | 48,824 | 20,940 | 27,884 | 55.4 | — |
| 2021 | 95,321 | 108,316 | −12,995 | 9.3 | — |
| 2022 | 63,342 | 79,630 | −16,288 | 10.1 | — |
| 2023 | 202,344 | 148,291 | 54,053 | 9.8 | 0% |
In its most recent public year (2023), this organization brought in $54,053 more than it spent. Its reserves stood at about 9.8 months of spending, down from 17.9 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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