Mystic Arts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 49,980 | 34,755 | 15,225 | 8.6 | 0% |
| 2019 | 305,767 | 230,043 | 75,724 | 5.3 | 0% |
| 2020 | 23,709 | 44,750 | −21,041 | 21.4 | 0% |
| 2021 | 17,751 | 34,600 | −16,849 | 21.8 | 0% |
| 2022 | 260,913 | 256,943 | 3,970 | 3.1 | 0% |
| 2023 | 307,737 | 276,708 | 31,029 | 4.2 | 0% |
In its most recent public year (2023), this organization brought in $31,029 more than it spent. Its reserves stood at about 4.2 months of spending, down from 8.6 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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