Fine Arts Association Willoughby
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,640,676 | 1,478,552 | 162,124 | 28.6 | 59% |
| 2012 | 1,987,143 | 1,609,987 | 377,156 | 28.7 | 60% |
| 2013 | 2,074,509 | 1,651,324 | 423,185 | 31.1 | 62% |
| 2014 | 1,827,986 | 1,739,317 | 88,669 | 30.5 | 60% |
| 2015 | 2,783,659 | 1,727,552 | 1,056,107 | 38.0 | 63% |
| 2016 | 2,622,702 | 1,876,629 | 746,073 | 39.5 | 61% |
| 2017 | 2,007,463 | 1,830,890 | 176,573 | 42.5 | 62% |
| 2018 | 1,723,600 | 1,934,503 | −210,903 | 39.8 | 59% |
| 2019 | 1,800,991 | 1,895,363 | −94,372 | 40.4 | 54% |
| 2020 | 1,750,900 | 2,041,420 | −290,520 | 35.7 | 59% |
| 2021 | 1,367,391 | 1,844,515 | −477,124 | 41.3 | 62% |
| 2022 | 1,634,832 | 2,218,387 | −583,555 | 28.7 | 60% |
| 2023 | 2,487,056 | 2,516,596 | −29,540 | 25.1 | 60% |
In its most recent public year (2023), this organization spent $29,540 more than it brought in. Its reserves stood at about 25.1 months of spending, down from 28.6 in 2011. Staff pay was 60% of spending. $1,633,697 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
Fine Arts Association Willoughby'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