Palm Springs International Jazz Festival
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,500 | 35 | 1,465 | 13530.5 | 0% |
| 2021 | 0 | 225 | −225 | 2092.7 | 0% |
| 2022 | 90,500 | 99,605 | −9,105 | 3.6 | 0% |
| 2023 | 0 | 70 | −70 | 6933.8 | 0% |
In its most recent public year (2023), this organization spent $70 more than it brought in. Its reserves stood at about 6933.8 months of spending, down from 13530.5 in 2020. 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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