Can Art Change The World Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 1,050,659 | 333,998 | 716,661 | 25.7 | 0% |
| 2019 | 394,353 | 309,389 | 84,964 | 31.1 | 0% |
| 2020 | 824,567 | 740,513 | 84,054 | 14.4 | 0% |
| 2021 | 1,205,626 | 1,021,438 | 184,188 | 12.6 | 0% |
| 2022 | 10,454,630 | 1,028,138 | 9,426,492 | 122.5 | 0% |
| 2023 | 477,504 | 1,392,076 | −914,572 | 82.6 | 0% |
In its most recent public year (2023), this organization spent $914,572 more than it brought in. Its reserves stood at about 82.6 months of spending, up from 25.7 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
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