Follow Your Art Community Studios Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 501,855 | 92,342 | 409,513 | 46.2 | 37% |
| 2020 | 193,525 | 265,728 | −72,203 | 12.8 | 48% |
| 2021 | 407,403 | 300,308 | 107,095 | 15.6 | 47% |
| 2022 | 473,961 | 456,481 | 17,480 | 10.4 | 48% |
| 2023 | 636,599 | 508,146 | 128,453 | 13.1 | 55% |
In its most recent public year (2023), this organization brought in $128,453 more than it spent. Its reserves stood at about 13.1 months of spending, down from 46.2 in 2019. Staff pay was 55% of spending. $20,000 of its net assets are donor-restricted.
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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