Black Artists & Designers Guild Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 462,789 | 137,347 | 325,442 | 29.5 | 0% |
| 2021 | 540,588 | 593,331 | −52,743 | 5.8 | 6% |
| 2022 | 251,273 | 417,290 | −166,017 | 3.4 | 0% |
| 2023 | 375,401 | 404,238 | −28,837 | 2.7 | 12% |
In its most recent public year (2023), this organization spent $28,837 more than it brought in. Its reserves stood at about 2.7 months of spending, down from 29.5 in 2020. Staff pay was 12% 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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