Festival Of Lights
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 141,651 | 22,451 | 119,200 | 63.7 | — |
| 2020 | 81,019 | 159,972 | −78,953 | 3.0 | — |
| 2021 | 261,207 | 251,717 | 9,490 | 2.4 | 0% |
| 2022 | 204,677 | 218,304 | −13,627 | 2.0 | 0% |
In its most recent public year (2022), this organization spent $13,627 more than it brought in. Its reserves stood at about 2 months of spending, down from 63.7 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 2022. 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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