Literary Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,345,051 | 1,261,187 | 83,864 | 14.6 | 32% |
| 2013 | 1,438,500 | 1,389,978 | 48,522 | 15.3 | 30% |
| 2014 | 1,952,744 | 1,499,871 | 452,873 | 19.1 | 30% |
| 2015 | 2,002,579 | 1,758,166 | 244,413 | 18.6 | 30% |
| 2016 | 2,226,860 | 2,033,072 | 193,788 | 17.1 | 30% |
| 2017 | 2,358,586 | 2,167,145 | 191,441 | 18.7 | 36% |
| 2018 | 2,567,256 | 2,500,399 | 66,857 | 17.8 | 36% |
| 2019 | 2,808,141 | 2,704,584 | 103,557 | 16.9 | 39% |
| 2020 | 3,451,632 | 2,831,872 | 619,760 | 19.0 | 38% |
| 2021 | 3,341,544 | 2,529,997 | 811,547 | 29.8 | 45% |
| 2022 | 11,203,520 | 3,690,791 | 7,512,729 | 45.0 | 35% |
| 2023 | 7,335,872 | 4,132,923 | 3,202,949 | 50.1 | 35% |
| 2024 | 9,017,407 | 4,320,078 | 4,697,329 | 63.3 | 36% |
In its most recent public year (2024), this organization brought in $4,697,329 more than it spent. Its reserves stood at about 63.3 months of spending, up from 14.6 in 2012. Staff pay was 36% of spending. $9,756,126 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 2024. 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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