Monroe Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 76,129 | 64,557 | 11,572 | 23.1 | — |
| 2021 | 163,282 | 70,217 | 93,065 | 37.1 | — |
| 2022 | 227,590 | 139,823 | 87,767 | 26.2 | 15% |
| 2023 | 180,153 | 175,920 | 4,233 | 21.1 | 13% |
In its most recent public year (2023), this organization brought in $4,233 more than it spent. Its reserves stood at about 21.1 months of spending, down from 23.1 in 2020. Staff pay was 13% 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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