Beaufort County Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 237,583 | 237,595 | −12 | 8.6 | 31% |
| 2013 | 225,788 | 224,844 | 944 | 9.2 | 34% |
| 2014 | 500,562 | 300,532 | 200,030 | 14.9 | 34% |
| 2015 | 514,756 | 449,033 | 65,723 | 11.7 | 32% |
| 2016 | 347,952 | 475,172 | −127,220 | 7.9 | 42% |
| 2017 | 432,890 | 428,761 | 4,129 | 8.7 | 43% |
| 2018 | 575,396 | 440,173 | 135,223 | 11.6 | 36% |
| 2019 | 701,885 | 463,745 | 238,140 | 17.2 | 32% |
| 2021 | 894,560 | 266,588 | 627,972 | 69.1 | 30% |
| 2022 | 471,046 | 456,531 | 14,515 | 40.7 | 37% |
| 2023 | 438,358 | 496,231 | −57,873 | 36.1 | 34% |
In its most recent public year (2023), this organization spent $57,873 more than it brought in. Its reserves stood at about 36.1 months of spending, up from 8.6 in 2012. Staff pay was 34% of spending. $131,900 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
Beaufort County Arts Council'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