Modest Fly Art Studio
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 6,955 | 6,821 | 134 | 0.2 | — |
| 2019 | 110,852 | 108,745 | 2,107 | 0.2 | — |
| 2021 | 99,227 | 114,895 | −15,668 | -1.1 | — |
| 2022 | 162,668 | 161,412 | 1,256 | -0.7 | — |
| 2023 | 73,801 | 84,501 | −10,700 | -1.2 | — |
In its most recent public year (2023), this organization spent $10,700 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.2 months), down from 0.2 in 2018.
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
Modest Fly Art Studio'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