Ocean City Arts Center A New Jersey Nonprofit Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 247,188 | 245,133 | 2,055 | 8.0 | 74% |
| 2012 | 261,600 | 244,632 | 16,968 | 8.3 | 76% |
| 2013 | 284,493 | 272,154 | 12,339 | 8.2 | 78% |
| 2014 | 295,569 | 255,565 | 40,004 | 10.6 | 77% |
| 2015 | 283,434 | 306,685 | −23,251 | 7.9 | 75% |
| 2016 | 292,171 | 304,850 | −12,679 | 7.4 | 74% |
| 2017 | 335,966 | 318,939 | 17,027 | 9.3 | 78% |
| 2018 | 329,826 | 317,053 | 12,773 | 9.2 | 79% |
| 2019 | 393,237 | 329,855 | 63,382 | 11.8 | 79% |
| 2020 | 192,475 | 137,630 | 54,845 | 33.1 | 75% |
| 2021 | 459,906 | 381,892 | 78,014 | 14.5 | 70% |
| 2022 | 491,418 | 409,595 | 81,823 | 14.8 | 70% |
| 2023 | 516,000 | 460,433 | 55,567 | 15.1 | 70% |
In its most recent public year (2023), this organization brought in $55,567 more than it spent. Its reserves stood at about 15.1 months of spending, up from 8 in 2011. Staff pay was 70% of spending. $32,500 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
Ocean City Arts Center A New Jersey Nonprofit Corporation'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