Foundation For Global Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,125,571 | 1,333,693 | −208,122 | 36.9 | 1% |
| 2012 | 1,631,364 | 1,639,645 | −8,281 | 31.8 | 0% |
| 2013 | 1,297,500 | 1,124,158 | 173,342 | 53.6 | 1% |
| 2014 | 1,199,271 | 1,135,035 | 64,236 | 54.0 | 1% |
| 2015 | 1,240,499 | 1,221,485 | 19,014 | 49.4 | 1% |
| 2016 | 4,002,748 | 2,105,512 | 1,897,236 | 40.7 | 1% |
| 2017 | 4,317,929 | 1,609,296 | 2,708,633 | 80.6 | 1% |
| 2018 | 1,497,117 | 1,827,884 | −330,767 | 66.3 | 1% |
| 2019 | 822,621 | 1,480,263 | −657,642 | 87.7 | 2% |
| 2020 | 1,310,857 | 1,016,932 | 293,925 | 147.8 | 2% |
| 2021 | 1,073,047 | 1,176,350 | −103,303 | 138.6 | 5% |
| 2022 | 2,532,197 | 905,307 | 1,626,890 | 190.7 | 7% |
| 2023 | 650,129 | 1,178,020 | −527,891 | 156.7 | 6% |
In its most recent public year (2023), this organization spent $527,891 more than it brought in. Its reserves stood at about 156.7 months of spending, up from 36.9 in 2011. Staff pay was 6% of spending. $22,453 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
Foundation For Global Arts'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