Mcsweeneys Literary Arts Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,643,946 | 609,237 | 1,034,709 | 20.4 | 35% |
| 2020 | 1,042,814 | 1,018,724 | 24,090 | 12.5 | 44% |
| 2021 | 1,287,297 | 1,288,133 | −836 | 9.9 | 38% |
| 2022 | 2,426,263 | 1,985,555 | 440,708 | 9.1 | 24% |
| 2023 | 1,844,167 | 2,162,735 | −318,568 | 6.5 | 28% |
In its most recent public year (2023), this organization spent $318,568 more than it brought in. Its reserves stood at about 6.5 months of spending, down from 20.4 in 2019. Staff pay was 28% 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
Mcsweeneys Literary Arts Fund'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