Smith Center For The Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 563,119 | 718,670 | −155,551 | 23.4 | 20% |
| 2012 | 426,018 | 545,352 | −119,334 | 28.2 | 17% |
| 2013 | 706,946 | 491,351 | 215,595 | 36.6 | 17% |
| 2014 | 146,702 | 180,066 | −33,364 | 117.6 | 20% |
| 2015 | 537,223 | 646,046 | −108,823 | 31.1 | 18% |
| 2016 | 464,542 | 534,360 | −69,818 | 36.1 | 22% |
| 2017 | 350,513 | 542,172 | −191,659 | 31.4 | 27% |
| 2018 | 1,028,986 | 668,090 | 360,896 | 31.9 | 29% |
| 2019 | 1,161,643 | 783,297 | 378,346 | 33.4 | 26% |
| 2020 | 244,313 | 499,081 | −254,768 | 47.2 | 31% |
| 2021 | 745,470 | 611,913 | 133,557 | 42.0 | 32% |
| 2022 | 575,074 | 781,695 | −206,621 | 28.5 | 35% |
| 2023 | 840,312 | 799,259 | 41,053 | 28.5 | 38% |
In its most recent public year (2023), this organization brought in $41,053 more than it spent. Its reserves stood at about 28.5 months of spending, up from 23.4 in 2011. Staff pay was 38% of spending. $248,095 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
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