Thunderbird Foundation For The Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 104,844 | 157,068 | −52,224 | 53.2 | 0% |
| 2021 | −53,620 | 169,545 | −223,165 | 33.5 | 0% |
| 2022 | 170,406 | 138,065 | 32,341 | 43.9 | 0% |
| 2023 | 99,602 | 91,419 | 8,183 | 67.4 | 0% |
In its most recent public year (2023), this organization brought in $8,183 more than it spent. Its reserves stood at about 67.4 months of spending, up from 53.2 in 2020. Staff pay was 0% of spending. $600,000 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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