Naples Art District Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 56,458 | 45,724 | 10,734 | 11.7 | — |
| 2021 | 55,548 | 33,590 | 21,958 | 18.3 | — |
| 2022 | 78,017 | 46,677 | 31,340 | 21.3 | — |
| 2024 | 278,090 | 321,423 | −43,333 | 2.4 | 16% |
In its most recent public year (2024), this organization spent $43,333 more than it brought in. Its reserves stood at about 2.4 months of spending, down from 11.7 in 2020. Staff pay was 16% 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 2024. 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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