Culver City Arts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 74,474 | 38,645 | 35,829 | 12.5 | — |
| 2020 | 77,787 | 65,502 | 12,285 | 9.6 | — |
| 2022 | 98,374 | 36,138 | 62,236 | 25.8 | — |
| 2023 | 162,081 | 164,785 | −2,704 | 4.0 | — |
| 2024 | 76,752 | 129,928 | −53,176 | 2.6 | — |
In its most recent public year (2024), this organization spent $53,176 more than it brought in. Its reserves stood at about 2.6 months of spending, down from 12.5 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 2024. 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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