Pacific Bridge Arts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 307,113 | 243,980 | 63,133 | 9.5 | 0% |
| 2020 | 64,599 | 88,273 | −23,674 | 23.2 | 0% |
| 2021 | 141,826 | 198,456 | −56,630 | 6.9 | — |
| 2022 | 320,000 | 77,822 | 242,178 | 54.9 | 0% |
| 2023 | 47,763 | 176,940 | −129,177 | 15.4 | — |
In its most recent public year (2023), this organization spent $129,177 more than it brought in. Its reserves stood at about 15.4 months of spending, up from 9.5 in 2019.
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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