Laurel Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 711,436 | 652,939 | 58,497 | 17.5 | 36% |
| 2012 | 636,526 | 672,267 | −35,741 | 16.7 | 38% |
| 2013 | 696,124 | 673,834 | 22,290 | 17.1 | 39% |
| 2014 | 514,957 | 617,562 | −102,605 | 17.3 | 44% |
| 2015 | 484,749 | 608,824 | −124,075 | 14.5 | 39% |
| 2016 | 435,162 | 543,218 | −108,056 | 13.4 | 41% |
| 2017 | 323,778 | 467,061 | −143,283 | 12.1 | 40% |
| 2018 | 378,528 | 466,838 | −88,310 | 9.9 | 38% |
| 2019 | 478,311 | 485,235 | −6,924 | 9.3 | 39% |
| 2020 | 323,567 | 409,356 | −85,789 | 8.3 | 43% |
| 2021 | 467,754 | 411,424 | 56,330 | 9.5 | 46% |
| 2022 | 478,347 | 485,302 | −6,955 | 7.9 | 46% |
| 2023 | 474,166 | 507,584 | −33,418 | 6.7 | 46% |
In its most recent public year (2023), this organization spent $33,418 more than it brought in. Its reserves stood at about 6.7 months of spending, down from 17.5 in 2011. Staff pay was 46% of spending. $92,377 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
Laurel Arts'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