Bravo Music And Arts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 133,235 | 130,871 | 2,364 | 0.2 | — |
| 2017 | 218,176 | 211,328 | 6,848 | 0.5 | 0% |
| 2018 | 148,419 | 156,307 | −7,888 | 0.1 | 0% |
| 2019 | 79,150 | 50,768 | 28,382 | 7.0 | — |
| 2020 | 3,000 | 25,070 | −22,070 | 3.7 | — |
In its most recent public year (2020), this organization spent $22,070 more than it brought in. Its reserves stood at about 3.7 months of spending, up from 0.2 in 2016.
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 2020. 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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