Monmouth County Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 494,922 | 449,637 | 45,285 | 1.8 | 46% |
| 2012 | 421,478 | 421,855 | −377 | 2.0 | 52% |
| 2013 | 613,005 | 560,026 | 52,979 | 2.7 | 36% |
| 2014 | 470,507 | 462,223 | 8,284 | 3.5 | 48% |
| 2015 | 459,486 | 469,513 | −10,027 | 3.1 | 50% |
| 2016 | 484,382 | 487,191 | −2,809 | 3.0 | 48% |
| 2017 | 427,716 | 448,206 | −20,490 | 3.0 | 50% |
| 2018 | 446,751 | 451,081 | −4,330 | 2.6 | 50% |
| 2019 | 467,812 | 474,063 | −6,251 | 2.7 | 50% |
| 2020 | 454,892 | 458,790 | −3,898 | 4.7 | 54% |
| 2021 | 525,254 | 483,309 | 41,945 | 5.9 | 52% |
| 2022 | 1,382,555 | 757,601 | 624,954 | 13.3 | 55% |
| 2023 | 869,841 | 854,210 | 15,631 | 12.3 | 55% |
In its most recent public year (2023), this organization brought in $15,631 more than it spent. Its reserves stood at about 12.3 months of spending, up from 1.8 in 2011. Staff pay was 55% of spending. $14,000 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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