Silver Art Projects Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 0 | 0 | 0 | — | — |
| 2020 | 1,108,832 | 370,379 | 738,453 | 23.9 | 20% |
| 2021 | 320,752 | 464,348 | −143,596 | 15.4 | 15% |
| 2022 | 256,000 | 564,683 | −308,683 | 6.1 | 29% |
| 2023 | 163,886 | 532,163 | −368,277 | -1.9 | 41% |
In its most recent public year (2023), this organization spent $368,277 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.9 months). Staff pay was 41% 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
Silver Art Projects 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