Friends Of The Arts And Literature In Sumner Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 53,291 | 22,775 | 30,516 | 57.7 | — |
| 2012 | 9,172 | 47,229 | −38,057 | 18.1 | — |
| 2013 | 32,642 | 45,054 | −12,412 | 15.7 | — |
| 2014 | 1,081 | 44,320 | −43,239 | 4.3 | — |
| 2015 | 20,022 | 34,915 | −14,893 | 0.3 | — |
| 2016 | 2 | 465 | −463 | 10.7 | — |
| 2017 | 290 | 200 | 90 | 30.2 | — |
| 2018 | 0 | 200 | −200 | 18.2 | — |
| 2019 | 192 | 496 | −304 | 0.0 | — |
| 2020 | 0 | 156 | −156 | -12.0 | — |
In its most recent public year (2020), this organization spent $156 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-12 months), down from 57.7 in 2011.
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 2020. 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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