Wayne Art Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,243,696 | 1,238,286 | 5,410 | 34.6 | 24% |
| 2012 | 1,347,092 | 1,332,424 | 14,668 | 32.3 | 24% |
| 2013 | 1,494,582 | 1,381,263 | 113,319 | 32.1 | 30% |
| 2014 | 1,534,834 | 1,503,124 | 31,710 | 29.9 | 31% |
| 2015 | 1,594,252 | 1,535,724 | 58,528 | 29.8 | 33% |
| 2016 | 1,632,549 | 1,597,705 | 34,844 | 28.8 | 10% |
| 2017 | 1,760,583 | 1,693,774 | 66,809 | 27.8 | 11% |
| 2018 | 1,850,562 | 1,943,197 | −92,635 | 23.9 | 19% |
| 2019 | 1,996,757 | 2,020,198 | −23,441 | 22.9 | 22% |
| 2020 | 1,504,041 | 1,493,838 | 10,203 | 31.1 | 23% |
| 2021 | 1,254,409 | 1,021,849 | 232,560 | 49.9 | 27% |
| 2022 | 2,113,977 | 1,874,610 | 239,367 | 27.8 | 24% |
| 2023 | 2,653,731 | 2,152,985 | 500,746 | 27.4 | 7% |
In its most recent public year (2023), this organization brought in $500,746 more than it spent. Its reserves stood at about 27.4 months of spending, down from 34.6 in 2011. Staff pay was 7% of spending. $164,595 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
Wayne Art Center'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