Amarillo Art Center Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 441,606 | 499,881 | −58,275 | 63.4 | 49% |
| 2012 | 549,019 | 509,585 | 39,434 | 63.6 | 45% |
| 2013 | 528,386 | 525,810 | 2,576 | 60.8 | 47% |
| 2014 | 599,684 | 489,811 | 109,873 | 69.8 | 46% |
| 2015 | 599,868 | 518,555 | 81,313 | 64.7 | 41% |
| 2016 | 617,650 | 575,745 | 41,905 | 59.5 | 37% |
| 2017 | 623,449 | 593,969 | 29,480 | 59.6 | 41% |
| 2018 | 751,294 | 556,112 | 195,182 | 67.7 | 38% |
| 2019 | 756,388 | 499,050 | 257,338 | 81.2 | 39% |
| 2020 | 545,533 | 453,601 | 91,932 | 95.0 | 41% |
| 2021 | 481,524 | 437,280 | 44,244 | 103.9 | 36% |
| 2022 | 697,189 | 543,947 | 153,242 | 76.9 | 37% |
| 2023 | 597,225 | 595,184 | 2,041 | 69.1 | 39% |
In its most recent public year (2023), this organization brought in $2,041 more than it spent. Its reserves stood at about 69.1 months of spending, up from 63.4 in 2011. Staff pay was 39% of spending. $1,582,515 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
Amarillo Art Center Association'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