Faiths Place Center For Arts Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 333,802 | 315,374 | 18,428 | 0.0 | 33% |
| 2017 | 400,293 | 357,532 | 42,761 | 0.0 | 31% |
| 2018 | 325,838 | 304,291 | 21,547 | 0.2 | 38% |
| 2019 | 344,995 | 345,245 | −250 | 3.2 | 0% |
| 2020 | 881,453 | 610,993 | 270,460 | 8.3 | 10% |
| 2022 | 732,763 | 687,409 | 45,354 | 8.4 | 9% |
In its most recent public year (2022), this organization brought in $45,354 more than it spent. Its reserves stood at about 8.4 months of spending, up from 0 in 2016. Staff pay was 9% 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 2022. 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
Faiths Place Center For Arts Education Inc's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works