Li Huasheng Art Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 19,461,027 | 76,211 | 19,384,816 | 3052.3 | 0% |
| 2019 | −13,004 | 45,602 | −58,606 | 5066.4 | 0% |
| 2020 | 2,635 | 69,320 | −66,685 | 3321.4 | 0% |
| 2021 | −55 | 46,309 | −46,364 | 4959.7 | 0% |
| 2022 | −105,372 | 134,129 | −239,501 | 1691.0 | 0% |
| 2023 | 120,570 | 9,314 | 111,256 | 24494.5 | 0% |
In its most recent public year (2023), this organization brought in $111,256 more than it spent. Its reserves stood at about 24494.5 months of spending, up from 3052.3 in 2018. Staff pay was 0% 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
Li Huasheng Art Foundation'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