Hastings Art Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 76,452 | 68,726 | 7,726 | 14.1 | — |
| 2017 | 53,374 | 55,823 | −2,449 | 16.8 | — |
| 2018 | 36,120 | 60,517 | −24,397 | 10.7 | — |
| 2019 | 83,387 | 80,561 | 2,826 | 8.4 | — |
| 2020 | 44,360 | 74,861 | −30,501 | 4.2 | — |
| 2021 | 68,291 | 59,266 | 9,025 | 7.1 | — |
| 2022 | 72,337 | 65,390 | 6,947 | 7.7 | — |
| 2023 | 68,497 | 59,130 | 9,367 | 10.4 | — |
In its most recent public year (2023), this organization brought in $9,367 more than it spent. Its reserves stood at about 10.4 months of spending, down from 14.1 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
Hastings Art Council'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