Pearl Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 1,351,618 | 201,949 | 1,149,669 | 68.3 | 91% |
| 2023 | 9,892,756 | 249,784 | 9,642,972 | 518.5 | 77% |
In its most recent public year (2023), this organization brought in $9,642,972 more than it spent. Its reserves stood at about 518.5 months of spending, up from 68.3 in 2022. Staff pay was 77% of spending. $1,542,775 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
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