Liberal Arts 677 Benevolent Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 93,400 | 90,682 | 2,718 | 17.8 | — |
| 2012 | 78,052 | 98,949 | −20,897 | 13.7 | — |
| 2013 | 72,999 | 77,017 | −4,018 | 17.0 | — |
| 2014 | 90,078 | 85,134 | 4,944 | 16.1 | — |
| 2015 | 88,985 | 85,664 | 3,321 | 16.4 | — |
| 2016 | 64,360 | 75,822 | −11,462 | 16.5 | — |
| 2017 | 61,560 | 56,340 | 5,220 | 23.3 | — |
| 2018 | 81,910 | 76,008 | 5,902 | 18.2 | — |
| 2019 | 82,162 | 88,939 | −6,777 | 14.6 | — |
| 2020 | 40,166 | 38,964 | 1,202 | 33.8 | — |
| 2021 | 0 | 0 | 0 | — | — |
| 2022 | 61,825 | 57,477 | 4,348 | 22.8 | — |
| 2023 | 56,845 | 60,816 | −3,971 | 20.8 | — |
In its most recent public year (2023), this organization spent $3,971 more than it brought in. Its reserves stood at about 20.8 months of spending, up from 17.8 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 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
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