Friends Of Southfield Public Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 91,492 | 184,877 | −93,385 | 8.1 | — |
| 2020 | 71,184 | 148,721 | −77,537 | 7.6 | — |
| 2021 | 55,125 | 42,631 | 12,494 | 30.1 | — |
| 2022 | 78,298 | 67,857 | 10,441 | 20.8 | — |
| 2023 | 212,588 | 69,262 | 143,326 | 45.2 | 0% |
| 2024 | 234,855 | 284,066 | −49,211 | 8.9 | 0% |
In its most recent public year (2024), this organization spent $49,211 more than it brought in. Its reserves stood at about 8.9 months of spending. 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 2024. 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
Friends Of Southfield Public Arts's IRS filings as a feed — one entry per filing year, through 2024. 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