Sokoloff Arts Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 56,800 | 11,402 | 45,398 | 47.8 | — |
| 2018 | 636,114 | 410,829 | 225,285 | 7.9 | 0% |
| 2019 | 503,048 | 503,867 | −819 | 6.4 | 0% |
| 2020 | 325,948 | 455,113 | −129,165 | -10.7 | 0% |
| 2021 | 7,740 | 179,674 | −171,934 | -38.5 | — |
| 2022 | 326,745 | 266,212 | 60,533 | -23.3 | 0% |
| 2023 | 425 | 16,040 | −15,615 | -397.7 | — |
In its most recent public year (2023), this organization spent $15,615 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-397.7 months), down from 47.8 in 2017.
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
Sokoloff Arts Foundation Inc'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