Foundation For Diversity In The Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 118,633 | 61,890 | 56,743 | 11.0 | — |
| 2019 | 113,093 | 99,867 | 13,226 | 8.4 | — |
| 2020 | 177,868 | 136,705 | 41,163 | 5.4 | — |
| 2021 | 173,112 | 136,481 | 36,631 | 9.5 | — |
| 2022 | 137,639 | 132,766 | 4,873 | 10.3 | — |
| 2023 | 114,856 | 188,486 | −73,630 | 2.5 | — |
In its most recent public year (2023), this organization spent $73,630 more than it brought in. Its reserves stood at about 2.5 months of spending, down from 11 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
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