The Drawing Studio Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 490,058 | 544,053 | −53,995 | 6.4 | 49% |
| 2021 | 515,647 | 437,866 | 77,781 | 10.0 | 54% |
| 2022 | 923,518 | 567,510 | 356,008 | 15.3 | 40% |
| 2023 | 1,134,471 | 704,234 | 430,237 | 19.6 | 37% |
In its most recent public year (2023), this organization brought in $430,237 more than it spent. Its reserves stood at about 19.6 months of spending, up from 6.4 in 2020. Staff pay was 37% of spending. $499,462 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
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