Kings Canvas Gallery & Studio
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 56,358 | 53,662 | 2,696 | 1.6 | — |
| 2020 | 163,510 | 106,646 | 56,864 | 7.2 | — |
| 2021 | 186,064 | 204,666 | −18,602 | 2.7 | — |
| 2022 | 191,464 | 219,533 | −28,069 | 1.0 | — |
| 2023 | 313,626 | 253,705 | 59,921 | 3.7 | 43% |
In its most recent public year (2023), this organization brought in $59,921 more than it spent. Its reserves stood at about 3.7 months of spending, up from 1.6 in 2019. Staff pay was 43% 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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