Palmer Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 74,534 | 76,343 | −1,809 | 8.1 | — |
| 2012 | 72,936 | 76,017 | −3,081 | 7.7 | — |
| 2013 | 51,028 | 49,986 | 1,042 | 11.9 | — |
| 2014 | 45,995 | 67,329 | −21,334 | 5.1 | — |
| 2016 | 100,187 | 38,986 | 61,201 | 26.4 | — |
| 2017 | 22,200 | 21,984 | 216 | 47.0 | — |
| 2023 | 40,909 | 12,910 | 27,999 | 150.4 | — |
In its most recent public year (2023), this organization brought in $27,999 more than it spent. Its reserves stood at about 150.4 months of spending, up from 8.1 in 2011.
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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