Spring Hill Arts Gathering Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 1,225,754 | 845,355 | 380,399 | 5.4 | 7% |
| 2023 | 716,667 | 780,350 | −63,683 | 4.9 | 8% |
| 2024 | 603,817 | 720,477 | −116,660 | 3.3 | 3% |
In its most recent public year (2024), this organization spent $116,660 more than it brought in. Its reserves stood at about 3.3 months of spending, down from 5.4 in 2022. Staff pay was 3% 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 2024. 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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