Norwalk Arts Center Llc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 225,018 | 22,038 | 202,980 | 110.5 | 0% |
| 2021 | 256,420 | 48,767 | 207,653 | 101.0 | 0% |
| 2022 | 358,477 | 95,000 | 263,477 | 85.2 | 0% |
| 2023 | 305,518 | 90,594 | 214,924 | 117.8 | 0% |
In its most recent public year (2023), this organization brought in $214,924 more than it spent. Its reserves stood at about 117.8 months of spending, up from 110.5 in 2020. 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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