Artequity Community
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,051,738 | 568,428 | 483,310 | 10.0 | 53% |
| 2021 | 1,164,428 | 496,947 | 667,481 | 27.5 | 56% |
| 2022 | 649,989 | 542,520 | 107,469 | 27.6 | 66% |
| 2023 | 1,217,069 | 951,215 | 265,854 | 19.1 | 43% |
In its most recent public year (2023), this organization brought in $265,854 more than it spent. Its reserves stood at about 19.1 months of spending, up from 10 in 2020. Staff pay was 43% of spending. $240,827 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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