Summertime Gallery Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 54,287 | 51,895 | 2,392 | 2.2 | — |
| 2022 | 212,363 | 150,412 | 61,951 | 5.7 | 46% |
| 2023 | 300,481 | 225,330 | 75,151 | 7.8 | 55% |
In its most recent public year (2023), this organization brought in $75,151 more than it spent. Its reserves stood at about 7.8 months of spending, up from 2.2 in 2021. Staff pay was 55% of spending. $104,000 of its net assets are donor-restricted.
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
Summertime Gallery 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