Thunder Bay Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 43,651 | 39,775 | 3,876 | 14.2 | — |
| 2012 | 54,021 | 49,574 | 4,447 | 12.4 | — |
| 2013 | 53,186 | 47,635 | 5,551 | 14.3 | — |
| 2014 | 55,825 | 49,081 | 6,744 | 15.6 | — |
| 2015 | 63,750 | 65,662 | −1,912 | 11.3 | — |
| 2016 | 73,729 | 73,706 | 23 | 10.1 | — |
| 2017 | 96,590 | 88,132 | 8,458 | 13.6 | — |
| 2018 | 91,376 | 111,921 | −20,545 | 2.5 | — |
| 2019 | 102,915 | 92,845 | 10,070 | 6.4 | — |
| 2020 | 69,050 | 74,331 | −5,281 | 6.9 | — |
| 2021 | 87,973 | 65,102 | 22,871 | 12.7 | — |
| 2022 | 134,405 | 115,291 | 19,114 | 9.5 | — |
| 2023 | 111,525 | 83,048 | 28,477 | 20.6 | — |
In its most recent public year (2023), this organization brought in $28,477 more than it spent. Its reserves stood at about 20.6 months of spending, up from 14.2 in 2011.
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
Thunder Bay Arts Council Inc'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