Louisville Folk School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 80,656 | 55,947 | 24,709 | 5.3 | — |
| 2020 | 120,607 | 121,680 | −1,073 | 2.3 | — |
| 2021 | 149,718 | 148,289 | 1,429 | 2.1 | — |
| 2022 | 204,297 | 177,366 | 26,931 | 3.6 | 28% |
| 2023 | 323,896 | 269,423 | 54,473 | 4.8 | 75% |
In its most recent public year (2023), this organization brought in $54,473 more than it spent. Its reserves stood at about 4.8 months of spending. Staff pay was 75% 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
Louisville Folk School Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works