Ventnor City Cultural Art Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 60,085 | 62,125 | −2,040 | 6.7 | — |
| 2012 | 54,383 | 63,634 | −9,251 | 4.8 | — |
| 2013 | 45,325 | 54,261 | −8,936 | 3.6 | — |
| 2019 | 50,476 | 48,266 | 2,210 | 6.1 | — |
| 2020 | 12,744 | 15,853 | −3,109 | 16.4 | — |
In its most recent public year (2020), this organization spent $3,109 more than it brought in. Its reserves stood at about 16.4 months of spending, up from 6.7 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 2020. 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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