Salem Arts Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 19,152 | 13,892 | 5,260 | 16.9 | — |
| 2017 | 5,385 | 0 | 5,385 | — | — |
| 2018 | 13,577 | 12,993 | 584 | 24.0 | — |
| 2019 | 17,718 | 13,142 | 4,576 | 27.2 | — |
| 2021 | 29,872 | 49,731 | −19,859 | 5.1 | — |
| 2022 | 46,084 | 36,274 | 9,810 | 10.2 | — |
| 2023 | 68,034 | 48,835 | 19,199 | 12.7 | — |
In its most recent public year (2023), this organization brought in $19,199 more than it spent. Its reserves stood at about 12.7 months of spending, down from 16.9 in 2016.
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
Salem Arts Association Inc'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