Operating record

Chocolate Church Arts Center

Bath, ME · EIN 01-0348331 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$253,081$243,715$9,36622.930%
2021$191,703$203,876−$12,17327.520%
2022$430,511$371,464$59,04717.023%
2023$434,551$356,843$77,70820.314%

In its most recent public year (2023), this organization brought in $77,708 more than it spent. Its reserves stood at about 20.3 months of spending, down from 22.9 in 2020. Staff pay was 14% 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 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 ↗