Iredell Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 63,589 | 60,670 | 2,919 | 2.9 | — |
| 2012 | 60,112 | 65,368 | −5,256 | 1.8 | — |
| 2013 | 62,226 | 65,970 | −3,744 | 1.1 | — |
| 2014 | 102,540 | 103,259 | −719 | 0.6 | — |
| 2015 | 64,884 | 62,053 | 2,831 | 1.5 | — |
| 2016 | 77,006 | 72,711 | 4,295 | 2.0 | — |
| 2017 | 93,287 | 80,119 | 13,168 | 3.8 | — |
| 2018 | 97,446 | 92,773 | 4,673 | 3.9 | — |
| 2019 | 104,199 | 102,199 | 2,000 | 3.8 | — |
| 2020 | 105,997 | 107,288 | −1,291 | 3.4 | — |
| 2021 | 293,054 | 254,487 | 38,567 | 3.3 | 10% |
| 2022 | 123,945 | 122,217 | 1,728 | 7.0 | — |
| 2023 | 260,940 | 229,401 | 31,539 | 5.4 | 14% |
In its most recent public year (2023), this organization brought in $31,539 more than it spent. Its reserves stood at about 5.4 months of spending, up from 2.9 in 2011. Staff pay was 14% 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
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