Arts Ignite Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 236,347 | 277,651 | −41,304 | 7.1 | 47% |
| 2012 | 418,170 | 348,321 | 69,849 | 8.1 | 44% |
| 2013 | 442,008 | 383,336 | 58,672 | 9.2 | 46% |
| 2014 | 491,006 | 412,772 | 78,234 | 10.8 | 42% |
| 2015 | 487,136 | 429,863 | 57,273 | 12.0 | 44% |
| 2016 | 734,309 | 473,143 | 261,166 | 17.4 | 38% |
| 2017 | 823,247 | 716,582 | 106,665 | 13.8 | 48% |
| 2018 | 842,881 | 834,352 | 8,529 | 11.6 | 51% |
| 2019 | 1,053,293 | 918,728 | 134,565 | 13.0 | 57% |
| 2020 | 1,467,223 | 881,616 | 585,607 | 22.2 | 60% |
| 2021 | 1,104,799 | 1,014,775 | 90,024 | 20.3 | 55% |
| 2022 | 833,759 | 1,201,035 | −367,276 | 12.4 | 55% |
| 2023 | 962,272 | 1,222,993 | −260,721 | 10.4 | 51% |
In its most recent public year (2023), this organization spent $260,721 more than it brought in. Its reserves stood at about 10.4 months of spending, up from 7.1 in 2011. Staff pay was 51% of spending. $80,571 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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