Latimer Cooksey Arts & Cultural Fou Ndation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 262,983 | 258,382 | 4,601 | 0.4 | 45% |
| 2013 | 251,145 | 255,522 | −4,377 | 0.2 | 44% |
| 2014 | 317,291 | 314,279 | 3,012 | 0.2 | 42% |
| 2015 | 390,642 | 387,474 | 3,168 | 0.3 | 47% |
| 2016 | 423,268 | 398,819 | 24,449 | 0.2 | 42% |
| 2017 | 464,700 | 463,555 | 1,145 | 0.2 | 44% |
| 2018 | 475,592 | 479,989 | −4,397 | 0.1 | 41% |
| 2019 | 478,184 | 471,808 | 6,376 | 0.3 | 47% |
| 2020 | 371,821 | 440,277 | −68,456 | 0.3 | 39% |
| 2021 | 391,106 | 445,449 | −54,343 | -2.3 | 43% |
In its most recent public year (2021), this organization spent $54,343 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.3 months), down from 0.4 in 2012. Staff pay was 43% 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 2021. 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
Latimer Cooksey Arts & Cultural Fou Ndation's IRS filings as a feed — one entry per filing year, through 2021. 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