Western Avenue Community For The Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 2,952,079 | 715,785 | 2,236,294 | 37.5 | 6% |
| 2023 | 3,144,598 | 2,367,684 | 776,914 | 15.3 | 8% |
In its most recent public year (2023), this organization brought in $776,914 more than it spent. Its reserves stood at about 15.3 months of spending, down from 37.5 in 2022. Staff pay was 8% 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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