Springfield Township Arts And Enrichment Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 218,766 | 151,533 | 67,233 | 11.9 | 44% |
| 2021 | 333,822 | 284,298 | 49,524 | 8.4 | 30% |
| 2022 | 464,640 | 366,656 | 97,984 | 9.7 | 32% |
| 2023 | 380,623 | 306,619 | 74,004 | 14.5 | 35% |
In its most recent public year (2023), this organization brought in $74,004 more than it spent. Its reserves stood at about 14.5 months of spending, up from 11.9 in 2020. Staff pay was 35% of spending. $9,681 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
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