Brooklyn Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,485,963 | 2,455,163 | 30,800 | 5.0 | 46% |
| 2012 | 2,389,627 | 2,322,142 | 67,485 | 5.6 | 47% |
| 2013 | 2,214,690 | 2,350,984 | −136,294 | 4.8 | 49% |
| 2014 | 2,618,846 | 2,404,975 | 213,871 | 5.8 | 45% |
| 2015 | 2,749,236 | 2,225,383 | 523,853 | 9.1 | 50% |
| 2016 | 2,176,882 | 2,363,506 | −186,624 | 7.6 | 50% |
| 2017 | 2,520,549 | 2,597,294 | −76,745 | 6.6 | 47% |
| 2018 | 2,731,722 | 3,038,954 | −307,232 | 4.4 | 39% |
| 2019 | 3,683,604 | 3,264,459 | 419,145 | 5.6 | 41% |
| 2020 | 2,796,950 | 3,073,291 | −276,341 | 4.9 | 37% |
| 2021 | 4,166,214 | 2,996,750 | 1,169,464 | 9.7 | 28% |
| 2022 | 3,833,843 | 4,127,616 | −293,773 | 6.2 | 30% |
| 2023 | 4,308,333 | 5,067,937 | −759,604 | 3.3 | 30% |
In its most recent public year (2023), this organization spent $759,604 more than it brought in. Its reserves stood at about 3.3 months of spending, down from 5 in 2011. Staff pay was 30% of spending. $623,877 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works