Garrison Art Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 448,644 | 404,649 | 43,995 | 14.8 | 0% |
| 2012 | 424,171 | 445,171 | −21,000 | 14.1 | 0% |
| 2013 | 406,895 | 428,530 | −21,635 | 17.3 | 36% |
| 2014 | 455,377 | 464,237 | −8,860 | 16.2 | 36% |
| 2015 | 500,074 | 500,721 | −647 | 14.4 | 33% |
| 2016 | 502,723 | 498,539 | 4,184 | 14.7 | 37% |
| 2017 | 433,675 | 441,852 | −8,177 | 17.9 | 37% |
| 2018 | 391,618 | 442,209 | −50,591 | 14.5 | 38% |
| 2019 | 471,018 | 458,751 | 12,267 | 17.3 | 36% |
| 2020 | 396,489 | 354,759 | 41,730 | 23.9 | 43% |
| 2021 | 457,936 | 456,478 | 1,458 | 20.9 | 37% |
| 2022 | 585,418 | 573,040 | 12,378 | 13.7 | 35% |
| 2023 | 643,187 | 572,580 | 70,607 | 17.1 | 39% |
In its most recent public year (2023), this organization brought in $70,607 more than it spent. Its reserves stood at about 17.1 months of spending, up from 14.8 in 2011. Staff pay was 39% of spending. $2,799 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
Garrison Art Center's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works