Folsom Cultural Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 175,641 | 89,298 | 86,343 | 11.6 | — |
| 2020 | 212,300 | 130,278 | 82,022 | 15.5 | 0% |
| 2021 | 297,075 | 148,265 | 148,810 | 25.7 | 0% |
| 2022 | 368,224 | 254,603 | 113,621 | 20.3 | 0% |
| 2023 | 332,584 | 306,177 | 26,407 | 17.9 | 0% |
In its most recent public year (2023), this organization brought in $26,407 more than it spent. Its reserves stood at about 17.9 months of spending, up from 11.6 in 2019. Staff pay was 0% 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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