Luma Arts Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 75,250 | 72,744 | 2,506 | 0.4 | — |
| 2020 | 69,160 | 54,420 | 14,740 | 3.8 | — |
| 2021 | 89,124 | 97,878 | −8,754 | 1.0 | — |
| 2022 | 133,650 | 120,040 | 13,610 | 2.2 | — |
| 2023 | 198,325 | 179,202 | 19,123 | 2.8 | — |
In its most recent public year (2023), this organization brought in $19,123 more than it spent. Its reserves stood at about 2.8 months of spending, up from 0.4 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 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
Luma Arts Initiative Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works