Live Like Madison Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 123,463 | 110,144 | 13,319 | 1.5 | — |
| 2021 | 177,494 | 70,555 | 106,939 | 20.5 | — |
| 2022 | 163,404 | 261,691 | −98,287 | 1.0 | — |
| 2023 | 172,298 | 170,888 | 1,410 | 1.6 | — |
In its most recent public year (2023), this organization brought in $1,410 more than it spent. Its reserves stood at about 1.6 months 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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