Rhythm & Rhymes Art Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 21,513 | 17,701 | 3,812 | 2.6 | — |
| 2020 | 96,268 | 99,882 | −3,614 | 0.0 | — |
| 2021 | 111,840 | 95,865 | 15,975 | 2.0 | — |
| 2022 | 149,869 | 152,645 | −2,776 | 1.1 | — |
| 2023 | 133,777 | 105,802 | 27,975 | 4.7 | — |
In its most recent public year (2023), this organization brought in $27,975 more than it spent. Its reserves stood at about 4.7 months of spending, up from 2.6 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 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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