New Literary Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 272,883 | 302,322 | −29,439 | 8.9 | 40% |
| 2021 | 280,307 | 284,424 | −4,117 | 9.2 | 45% |
| 2022 | 364,269 | 387,580 | −23,311 | 6.1 | 11% |
| 2023 | 443,947 | 417,112 | 26,835 | 6.9 | 42% |
In its most recent public year (2023), this organization brought in $26,835 more than it spent. Its reserves stood at about 6.9 months of spending, down from 8.9 in 2020. Staff pay was 42% 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
New Literary Project'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