Friends Of Latimer Quilt And Textile Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 57,698 | 80,013 | −22,315 | 18.6 | — |
| 2012 | 100,378 | 80,777 | 19,601 | 21.4 | — |
| 2013 | 95,659 | 78,031 | 17,628 | 24.8 | — |
| 2014 | 99,013 | 93,839 | 5,174 | 21.3 | — |
| 2015 | 103,461 | 78,294 | 25,167 | 29.3 | — |
| 2016 | 126,051 | 77,707 | 48,344 | 37.0 | — |
| 2017 | 60,885 | 77,767 | −16,882 | 34.4 | — |
| 2018 | 82,107 | 71,969 | 10,138 | 38.9 | — |
| 2019 | 91,213 | 72,036 | 19,177 | 42.0 | — |
| 2020 | 52,132 | 65,872 | −13,740 | 43.4 | — |
| 2021 | 99,255 | 70,185 | 29,070 | 45.7 | — |
| 2022 | 448,714 | 98,204 | 350,510 | 75.5 | 61% |
| 2023 | 218,078 | 171,434 | 46,644 | 46.5 | 28% |
In its most recent public year (2023), this organization brought in $46,644 more than it spent. Its reserves stood at about 46.5 months of spending, up from 18.6 in 2011. Staff pay was 28% 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
Friends Of Latimer Quilt And Textile Center's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works