Port Angeles Waterfront Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 10,982,169 | 3,829 | 10,978,340 | 34405.9 | 0% |
| 2017 | 1,068,792 | 133,832 | 934,960 | 1073.2 | 47% |
| 2018 | 13,845,166 | 195,539 | 13,649,627 | 1505.3 | 49% |
| 2019 | 1,732,707 | 323,730 | 1,408,977 | 970.9 | 47% |
| 2020 | 3,407,204 | 480,066 | 2,927,138 | 736.1 | 31% |
| 2021 | 3,947,950 | 732,070 | 3,215,880 | 532.8 | 28% |
| 2022 | 18,308,408 | 779,604 | 17,528,804 | 758.8 | 49% |
| 2023 | 5,888,579 | 2,693,148 | 3,195,431 | 235.7 | 35% |
In its most recent public year (2023), this organization brought in $3,195,431 more than it spent. Its reserves stood at about 235.7 months of spending, down from 34405.9 in 2016. Staff pay was 35% of spending. $4,215,846 of its net assets are donor-restricted.
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
Port Angeles Waterfront Center's IRS filings as a feed — one entry per filing year, through 2023. 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