Weitzman Initiative For The Arts And Industry Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 4 | 51,007 | −51,003 | 0.8 | — |
| 2020 | 0 | 4,399 | −4,399 | -2.2 | — |
| 2021 | 0 | 1,855 | −1,855 | -17.1 | — |
| 2022 | 1,950 | 1,303 | 647 | -18.4 | — |
In its most recent public year (2022), this organization brought in $647 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-18.4 months), down from 0.8 in 2019.
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 2022. 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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