Narrows Center For The Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 950,726 | 725,094 | 225,632 | 32.0 | 22% |
| 2021 | 1,675,968 | 1,185,368 | 490,600 | 24.8 | 26% |
| 2022 | 1,858,910 | 1,695,499 | 163,411 | 18.4 | 23% |
| 2023 | 1,757,702 | 1,768,070 | −10,368 | 17.7 | 23% |
In its most recent public year (2023), this organization spent $10,368 more than it brought in. Its reserves stood at about 17.7 months of spending, down from 32 in 2020. Staff pay was 23% of spending.
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
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