Creative Arts Council Of Wells County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 131,954 | 126,630 | 5,324 | 17.2 | — |
| 2022 | 172,756 | 171,944 | 812 | 12.0 | — |
| 2023 | 196,640 | 246,434 | −49,794 | 7.5 | — |
| 2024 | 194,634 | 230,063 | −35,429 | 6.2 | — |
In its most recent public year (2024), this organization spent $35,429 more than it brought in. Its reserves stood at about 6.2 months of spending, down from 17.2 in 2021.
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 2024. 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
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