Verge Center For The Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 142,347 | 79,691 | 62,656 | 9.4 | — |
| 2012 | 230,929 | 106,102 | 124,827 | 14.6 | 31% |
| 2013 | 185,373 | 163,585 | 21,788 | 7.2 | 32% |
| 2014 | 433,110 | 353,204 | 79,906 | 10.9 | 30% |
| 2015 | 454,842 | 533,829 | −78,987 | 5.4 | 36% |
| 2016 | 530,298 | 608,566 | −78,268 | 5.8 | 41% |
| 2017 | 690,598 | 603,755 | 86,843 | 8.6 | 44% |
| 2018 | 675,215 | 654,371 | 20,844 | 8.3 | 43% |
| 2019 | 662,480 | 729,658 | −67,178 | 6.3 | 43% |
| 2020 | 730,406 | 732,808 | −2,402 | 6.4 | 43% |
| 2021 | 656,841 | 719,809 | −62,968 | 5.4 | 46% |
| 2022 | 658,828 | 750,748 | −91,920 | 3.7 | 46% |
| 2023 | 892,750 | 797,915 | 94,835 | 4.3 | 45% |
In its most recent public year (2023), this organization brought in $94,835 more than it spent. Its reserves stood at about 4.3 months of spending, down from 9.4 in 2011. Staff pay was 45% of spending. $91,280 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
Verge Center For The Arts'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