Institute For Arts And Culture Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 910,063 | 791,103 | 118,960 | 6.7 | 4% |
| 2012 | 827,286 | 856,732 | −29,446 | 5.7 | 9% |
| 2013 | 929,492 | 979,526 | −50,034 | 8.1 | 10% |
| 2014 | 1,207,681 | 1,260,472 | −52,791 | 30.5 | 8% |
| 2015 | 1,264,566 | 1,035,826 | 228,740 | 39.8 | 24% |
| 2016 | 1,256,402 | 1,201,384 | 55,018 | 34.9 | 38% |
| 2017 | 1,106,738 | 1,171,749 | −65,011 | 35.1 | 39% |
| 2018 | 1,198,942 | 1,299,903 | −100,961 | 30.7 | 42% |
| 2019 | 1,239,497 | 1,382,330 | −142,833 | 27.6 | 34% |
| 2020 | 1,299,152 | 1,444,630 | −145,478 | 25.2 | 44% |
| 2021 | 2,719,713 | 1,957,672 | 762,041 | 23.3 | 40% |
| 2022 | 2,257,534 | 2,019,981 | 237,553 | 24.0 | 41% |
| 2023 | 2,731,025 | 2,442,233 | 288,792 | 7.0 | 35% |
In its most recent public year (2023), this organization brought in $288,792 more than it spent. Its reserves stood at about 7 months of spending. Staff pay was 35% of spending. $288,792 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
Institute For Arts And Culture 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