Durango Arts Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 553,163 | 544,229 | 8,934 | 14.7 | 8% |
| 2012 | 602,376 | 633,087 | −30,711 | 12.1 | 38% |
| 2013 | 757,680 | 699,260 | 58,420 | 12.0 | 40% |
| 2014 | 887,908 | 850,408 | 37,500 | 10.4 | 33% |
| 2015 | 731,781 | 857,188 | −125,407 | 8.5 | 40% |
| 2016 | 757,564 | 853,496 | −95,932 | 7.2 | 42% |
| 2017 | 700,436 | 740,572 | −40,136 | 7.7 | 43% |
| 2018 | 633,710 | 702,809 | −69,099 | 6.9 | 48% |
| 2019 | 557,852 | 623,750 | −65,898 | 6.6 | 48% |
| 2020 | 0 | 31,070 | −31,070 | 189.4 | — |
| 2021 | 818,859 | 612,349 | 206,510 | 10.5 | 56% |
| 2022 | 661,696 | 782,390 | −120,694 | 6.3 | 57% |
| 2023 | 770,216 | 856,560 | −86,344 | 4.5 | 50% |
In its most recent public year (2023), this organization spent $86,344 more than it brought in. Its reserves stood at about 4.5 months of spending, down from 14.7 in 2011. Staff pay was 50% of spending.
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
Durango Arts Center 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