The Indian River Institute For The Creative Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 42,872 | 45,530 | −2,658 | 3.3 | — |
| 2013 | 48,448 | 55,246 | −6,798 | 1.3 | — |
| 2014 | 44,756 | 50,630 | −5,874 | -0.0 | — |
| 2015 | 25,758 | 32,913 | −7,155 | -2.7 | — |
| 2016 | 35,739 | 37,208 | −1,469 | -2.8 | — |
| 2017 | 42,724 | 34,911 | 7,813 | -0.3 | — |
| 2018 | 8,835 | 20,805 | −11,970 | -7.4 | — |
| 2019 | 19,021 | 21,799 | −2,778 | -8.6 | — |
| 2020 | 31,630 | 22,793 | 8,837 | -3.6 | — |
| 2021 | 26,450 | 19,529 | 6,921 | 0.1 | — |
| 2022 | 26,975 | 33,070 | −6,095 | -2.2 | — |
| 2023 | 26,655 | 27,472 | −817 | -3.0 | — |
In its most recent public year (2023), this organization spent $817 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3 months), down from 3.3 in 2012.
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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