Newport Contemporary Ballet
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 451,250 | 453,865 | −2,615 | -0.9 | 52% |
| 2012 | 502,315 | 540,633 | −38,318 | -1.6 | 51% |
| 2013 | 530,467 | 530,684 | −217 | -1.7 | 51% |
| 2014 | 580,668 | 563,266 | 17,402 | -1.2 | 54% |
| 2015 | 608,229 | 605,596 | 2,633 | -1.1 | 52% |
| 2016 | 880,461 | 672,345 | 208,116 | 2.7 | 47% |
| 2017 | 879,287 | 915,331 | −36,044 | 1.5 | 46% |
| 2018 | 1,523,502 | 1,143,890 | 379,612 | 5.2 | 51% |
| 2019 | 1,395,964 | 1,235,445 | 160,519 | 6.9 | 49% |
| 2020 | 1,036,952 | 0 | 1,036,952 | — | — |
| 2021 | 1,884,681 | 1,318,454 | 566,227 | 11.9 | 40% |
| 2022 | 866,562 | 1,074,568 | −208,006 | 12.0 | 46% |
| 2023 | 1,213,644 | 1,755,982 | −542,338 | 1.9 | 46% |
In its most recent public year (2023), this organization spent $542,338 more than it brought in. Its reserves stood at about 1.9 months of spending, up from -0.9 in 2011. Staff pay was 46% of spending. $5,020 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
Newport Contemporary Ballet'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