Diversity Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 547 | 545 | 2 | 0.0 | — |
| 2020 | 2,081 | 1,056 | 1,025 | 11.7 | — |
| 2021 | 8,209 | 8,179 | 30 | 1.6 | — |
| 2022 | 21,244 | 17,261 | 3,983 | 3.5 | — |
| 2023 | 13,761 | 18,205 | −4,444 | 0.4 | — |
In its most recent public year (2023), this organization spent $4,444 more than it brought in. Its reserves stood at about 0.4 months 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
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