The Chelsea Factory Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 4,895,352 | 82,176 | 4,813,176 | 702.9 | 58% |
| 2022 | 3,828,840 | 3,590,065 | 238,775 | 16.6 | 29% |
| 2023 | 3,354,785 | 5,977,631 | −2,622,846 | 4.7 | 23% |
In its most recent public year (2023), this organization spent $2,622,846 more than it brought in. Its reserves stood at about 4.7 months of spending, down from 702.9 in 2021. Staff pay was 23% of spending. $1,491,514 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
The Chelsea Factory Inc'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