San Diego Watercolor Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 224,968 | 226,232 | −1,264 | 32.0 | 0% |
| 2022 | 279,630 | 303,095 | −23,465 | 23.0 | 0% |
| 2023 | 416,128 | 415,150 | 978 | 16.8 | 0% |
| 2024 | 421,311 | 451,939 | −30,628 | 14.6 | 0% |
In its most recent public year (2024), this organization spent $30,628 more than it brought in. Its reserves stood at about 14.6 months of spending, down from 32 in 2021. Staff pay was 0% 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 2024. 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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