Fame Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 95,235 | 92,075 | 3,160 | 0.4 | 24% |
| 2020 | 242,688 | 201,835 | 40,853 | 2.6 | 31% |
| 2021 | 514,887 | 454,243 | 60,644 | 2.8 | 52% |
| 2022 | 275,491 | 509,665 | −234,174 | -1.3 | 64% |
| 2023 | 478,301 | 571,589 | −93,288 | -1.9 | 59% |
In its most recent public year (2023), this organization spent $93,288 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.9 months), down from 0.4 in 2019. Staff pay was 59% 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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