Sky City Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 93,699 | 35,454 | 58,245 | 19.9 | — |
| 2020 | 116,000 | 102,663 | 13,337 | 8.4 | — |
| 2021 | 181,861 | 121,382 | 60,479 | 9.7 | 11% |
| 2022 | 148,562 | 167,061 | −18,499 | 5.7 | 27% |
| 2023 | 147,097 | 182,394 | −35,297 | 3.2 | 27% |
In its most recent public year (2023), this organization spent $35,297 more than it brought in. Its reserves stood at about 3.2 months of spending, down from 19.9 in 2019. Staff pay was 27% of spending. $5,000 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
Sky City Initiative'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