Santa Monica Airport Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 48,349 | 74,862 | −26,513 | 2.2 | — |
| 2019 | 33,965 | 16,208 | 17,757 | 23.1 | — |
| 2020 | 20,365 | 14,938 | 5,427 | 29.4 | — |
| 2021 | 6,358 | 5,505 | 853 | 81.7 | — |
In its most recent public year (2021), this organization brought in $853 more than it spent. Its reserves stood at about 81.7 months of spending, up from 2.2 in 2018.
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 2021. 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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