Middletown Fine Arts Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 282,346 | 316,479 | −34,133 | 21.2 | 36% |
| 2012 | 250,678 | 305,701 | −55,023 | 19.8 | 42% |
| 2013 | 282,171 | 327,093 | −44,922 | 16.9 | 38% |
| 2014 | 503,839 | 299,020 | 204,819 | 26.7 | 33% |
| 2015 | 195,985 | 275,338 | −79,353 | 24.7 | 37% |
| 2016 | 182,590 | 230,960 | −48,370 | 26.4 | 35% |
| 2017 | 248,221 | 243,316 | 4,905 | 26.8 | 33% |
| 2018 | 223,992 | 250,413 | −26,421 | 24.8 | 29% |
| 2019 | 255,486 | 293,697 | −38,211 | 37.8 | 28% |
| 2020 | 218,091 | 262,465 | −44,374 | 39.7 | 30% |
| 2021 | 151,069 | 171,137 | −20,068 | 69.2 | 31% |
| 2022 | 336,488 | 356,177 | −19,689 | 32.6 | 36% |
| 2023 | 463,753 | 401,005 | 62,748 | 30.8 | 38% |
In its most recent public year (2023), this organization brought in $62,748 more than it spent. Its reserves stood at about 30.8 months of spending, up from 21.2 in 2011. Staff pay was 38% of spending. $498,353 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
Middletown Fine Arts Center'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