Black Arts Movement And Business District Community Development Cor
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 500 | 0 | 500 | — | — |
| 2020 | 94,010 | 94,603 | −593 | 1.4 | — |
| 2021 | 35,847 | 30,823 | 5,024 | 4.8 | — |
| 2022 | 4,503,860 | 264,937 | 4,238,923 | 204.2 | 14% |
| 2023 | 193,004 | 982,711 | −789,707 | 45.6 | 23% |
In its most recent public year (2023), this organization spent $789,707 more than it brought in. Its reserves stood at about 45.6 months of spending. Staff pay was 23% 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
Black Arts Movement And Business District Community Development Cor'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