Foundation For Spirituality And The Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 150,598 | 112,575 | 38,023 | 4.1 | 57% |
| 2022 | 237,557 | 208,878 | 28,679 | 3.9 | 59% |
| 2023 | 229,943 | 264,309 | −34,366 | 1.5 | 53% |
In its most recent public year (2023), this organization spent $34,366 more than it brought in. Its reserves stood at about 1.5 months of spending, down from 4.1 in 2021. Staff pay was 53% 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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