Magazine Beach Partners Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 56,664 | 67,341 | −10,677 | 14.7 | — |
| 2020 | 22,362 | 1,856 | 20,506 | 664.6 | — |
| 2021 | 55,284 | 1,614 | 53,670 | 1163.3 | — |
| 2022 | 65,867 | 17,463 | 48,404 | 140.8 | — |
| 2023 | 10,500 | 141,057 | −130,557 | 6.3 | — |
In its most recent public year (2023), this organization spent $130,557 more than it brought in. Its reserves stood at about 6.3 months of spending, down from 14.7 in 2019.
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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