Norwin Art League
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 39,212 | 38,645 | 567 | 11.8 | — |
| 2012 | 45,971 | 45,613 | 358 | 10.1 | — |
| 2013 | 47,824 | 51,850 | −4,026 | 8.0 | — |
| 2014 | 53,720 | 50,887 | 2,833 | 8.8 | — |
| 2015 | 48,645 | 54,685 | −6,040 | 6.8 | — |
| 2016 | 66,813 | 70,397 | −3,584 | 4.7 | — |
| 2017 | 57,451 | 63,155 | −5,704 | 4.2 | — |
| 2018 | 55,246 | 61,095 | −5,849 | 3.1 | — |
| 2019 | 64,133 | 64,603 | −470 | 2.9 | — |
| 2020 | 49,183 | 44,426 | 4,757 | 5.5 | — |
| 2021 | 49,095 | 45,687 | 3,408 | 6.2 | — |
| 2022 | 56,235 | 55,319 | 916 | 3.5 | — |
| 2023 | 59,045 | 58,450 | 595 | 3.4 | — |
In its most recent public year (2023), this organization brought in $595 more than it spent. Its reserves stood at about 3.4 months of spending, down from 11.8 in 2011.
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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