Harmony Arts Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 0 | 50 | −50 | -12.0 | 0% |
| 2019 | 9,463 | 6,278 | 3,185 | 6.0 | 0% |
| 2020 | 8,015 | 6,279 | 1,736 | 9.3 | 0% |
| 2021 | 6,335 | 5,117 | 1,218 | 16.0 | 0% |
| 2022 | 7,977 | 9,823 | −1,846 | 6.1 | 0% |
| 2023 | 8,311 | 8,213 | 98 | 7.4 | 0% |
In its most recent public year (2023), this organization brought in $98 more than it spent. Its reserves stood at about 7.4 months of spending, up from -12 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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