Angelico Project - A Center For Culture And Thought
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 52,459 | 17,386 | 35,073 | 24.2 | — |
| 2020 | 50,173 | 66,043 | −15,870 | 3.5 | — |
| 2021 | 141,428 | 87,571 | 53,857 | 10.0 | — |
| 2022 | 146,802 | 125,211 | 21,591 | 9.1 | — |
| 2023 | 229,155 | 64,300 | 164,855 | 48.4 | 29% |
In its most recent public year (2023), this organization brought in $164,855 more than it spent. Its reserves stood at about 48.4 months of spending, up from 24.2 in 2019. Staff pay was 29% 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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