Chiarts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 169,250 | 20,823 | 148,427 | 85.5 | — |
| 2021 | 6,204,679 | 1,882,319 | 4,322,360 | 28.5 | 31% |
| 2023 | 1,910,555 | 3,284,859 | −1,374,304 | 8.4 | 17% |
In its most recent public year (2023), this organization spent $1,374,304 more than it brought in. Its reserves stood at about 8.4 months of spending, down from 85.5 in 2020. Staff pay was 17% of spending. $720,258 of its net assets are donor-restricted.
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
Chiarts Foundation'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