Culture Works
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,312,782 | 1,251,931 | 60,851 | 31.6 | 17% |
| 2012 | 1,137,537 | 1,134,421 | 3,116 | 33.5 | 19% |
| 2013 | 886,921 | 822,933 | 63,988 | 50.7 | 23% |
| 2014 | 1,114,538 | 1,075,115 | 39,423 | 44.0 | 18% |
| 2015 | 997,134 | 1,024,109 | −26,975 | 27.2 | 19% |
| 2016 | 852,213 | 962,913 | −110,700 | 27.0 | 22% |
| 2017 | 731,518 | 832,383 | −100,865 | 33.0 | 22% |
| 2018 | 832,461 | 841,255 | −8,794 | 37.1 | 23% |
| 2019 | 803,250 | 921,467 | −118,217 | 33.6 | 25% |
| 2020 | 665,460 | 824,154 | −158,694 | 35.3 | 31% |
| 2021 | 1,114,281 | 925,797 | 188,484 | 41.9 | 28% |
| 2022 | 1,173,944 | 1,233,265 | −59,321 | 26.4 | 21% |
| 2023 | 1,482,846 | 1,728,775 | −245,929 | 18.6 | 17% |
In its most recent public year (2023), this organization spent $245,929 more than it brought in. Its reserves stood at about 18.6 months of spending, down from 31.6 in 2011. Staff pay was 17% of spending. $756,252 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
Culture Works'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