Conecta Miami Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 75,388 | 47,360 | 28,028 | 8.6 | — |
| 2021 | 92,015 | 106,942 | −14,927 | 2.1 | — |
| 2022 | 106,332 | 91,183 | 15,149 | 4.5 | — |
| 2023 | 162,013 | 104,365 | 57,648 | 10.6 | — |
In its most recent public year (2023), this organization brought in $57,648 more than it spent. Its reserves stood at about 10.6 months of spending, up from 8.6 in 2020.
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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