Varsity Center For The Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 85,245 | 38,563 | 46,682 | 42.4 | — |
| 2012 | 37,470 | 46,568 | −9,098 | 32.8 | — |
| 2013 | 33,369 | 18,861 | 14,508 | 90.2 | — |
| 2014 | 81,345 | 38,815 | 42,530 | 57.0 | — |
| 2015 | 83,273 | 37,546 | 45,727 | 73.5 | — |
| 2016 | 14,171 | 38,581 | −24,410 | 63.9 | — |
| 2017 | 113,334 | 112,257 | 1,077 | 22.1 | — |
| 2018 | 105,970 | 123,507 | −17,537 | 18.4 | — |
| 2019 | 116,279 | 110,102 | 6,177 | 21.3 | — |
| 2020 | 56,648 | 65,280 | −8,632 | 34.3 | — |
| 2021 | 150,099 | 117,444 | 32,655 | 22.4 | — |
| 2022 | 225,257 | 99,135 | 126,122 | 41.8 | 24% |
| 2023 | 86,595 | 103,372 | −16,777 | 38.2 | — |
In its most recent public year (2023), this organization spent $16,777 more than it brought in. Its reserves stood at about 38.2 months of spending, down from 42.4 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
Varsity Center For The Arts 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