Toledo Cultural Arts Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,786,229 | 1,575,530 | 210,699 | 49.1 | 26% |
| 2012 | 1,470,452 | 1,512,389 | −41,937 | 50.0 | 30% |
| 2013 | 1,589,569 | 1,807,034 | −217,465 | 41.4 | 27% |
| 2014 | 1,467,911 | 1,381,629 | 86,282 | 57.8 | 36% |
| 2015 | 1,701,523 | 1,491,668 | 209,855 | 51.6 | 36% |
| 2016 | 1,473,847 | 1,583,693 | −109,846 | 47.4 | 37% |
| 2017 | 1,483,384 | 1,642,428 | −159,044 | 46.6 | 36% |
| 2018 | 2,148,192 | 1,720,154 | 428,038 | 46.4 | 37% |
| 2019 | 1,942,009 | 1,644,931 | 297,078 | 50.3 | 38% |
| 2020 | 1,760,348 | 1,575,155 | 185,193 | 53.1 | 41% |
| 2021 | 1,822,626 | 839,473 | 983,153 | 129.8 | 50% |
| 2022 | 2,152,280 | 1,757,751 | 394,529 | 56.7 | 40% |
| 2023 | 1,896,648 | 2,077,047 | −180,399 | 49.5 | 36% |
In its most recent public year (2023), this organization spent $180,399 more than it brought in. Its reserves stood at about 49.5 months of spending. Staff pay was 36% of spending. $396,990 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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