Palacios House Of Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 50,949 | 51,158 | −209 | 0.5 | — |
| 2023 | 88,100 | 81,125 | 6,975 | 1.0 | 79% |
In its most recent public year (2023), this organization brought in $6,975 more than it spent. Its reserves stood at about 1 months of spending. Staff pay was 79% 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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