Lit Movement
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 0 | 0 | 0 | — | — |
| 2019 | 153,834 | 62,243 | 91,591 | 17.7 | — |
| 2020 | 114,361 | 64,639 | 49,722 | 26.3 | — |
| 2021 | 453,884 | 252,570 | 201,314 | 16.3 | 59% |
| 2022 | 504,232 | 328,439 | 175,793 | 19.0 | 66% |
| 2023 | 429,416 | 388,480 | 40,936 | 17.3 | 65% |
In its most recent public year (2023), this organization brought in $40,936 more than it spent. Its reserves stood at about 17.3 months of spending. Staff pay was 65% 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
Lit Movement'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