Arts Foundation Federal Way
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 506,221 | 1,275 | 504,946 | 5163.8 | 0% |
| 2015 | 214,402 | 756,519 | −542,117 | 0.1 | 0% |
| 2016 | 186,551 | 190,922 | −4,371 | 0.1 | 0% |
| 2017 | 209,602 | 144,128 | 65,474 | 5.6 | 0% |
| 2018 | 72,607 | 77,702 | −5,095 | 9.7 | — |
| 2019 | 34,085 | 36,993 | −2,908 | 19.3 | — |
| 2021 | 6,076 | 2,463 | 3,613 | 268.6 | — |
| 2022 | 80,063 | 8,188 | 71,875 | 186.1 | — |
| 2023 | 316,113 | 27,524 | 288,589 | 181.3 | 0% |
In its most recent public year (2023), this organization brought in $288,589 more than it spent. Its reserves stood at about 181.3 months of spending, down from 5163.8 in 2014. Staff pay was 0% of spending. $281,759 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
Arts Foundation Federal Way'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