Poetry By The Sea Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,684 | 0 | 2,684 | — | — |
| 2020 | 7,844 | 3,585 | 4,259 | 23.2 | — |
| 2021 | 2,516 | 2,300 | 216 | 37.4 | — |
| 2022 | 36,700 | 42,445 | −5,745 | 1.0 | — |
| 2023 | 45,404 | 45,457 | −53 | 0.9 | — |
In its most recent public year (2023), this organization spent $53 more than it brought in. Its reserves stood at about 0.9 months 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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