Candelas Music And Arts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 93,091 | 56,259 | 36,832 | 12.9 | — |
| 2023 | 73,159 | 47,621 | 25,538 | 12.9 | — |
| 2024 | 90,256 | 60,915 | 29,341 | 15.8 | — |
In its most recent public year (2024), this organization brought in $29,341 more than it spent. Its reserves stood at about 15.8 months of spending, up from 12.9 in 2021.
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
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