Rivertowns Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 519,266 | 509,071 | 10,195 | 4.1 | 18% |
| 2021 | 475,693 | 428,103 | 47,590 | 6.2 | 23% |
| 2023 | 610,927 | 625,132 | −14,205 | 4.7 | 16% |
In its most recent public year (2023), this organization spent $14,205 more than it brought in. Its reserves stood at about 4.7 months of spending. Staff pay was 16% of spending. $32,252 of its net assets are donor-restricted.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works