Belmar Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 40,252 | 27,647 | 12,605 | 18.0 | 20% |
| 2021 | 31,027 | 20,650 | 10,377 | 29.1 | 9% |
| 2022 | 45,046 | 41,243 | 3,803 | 15.6 | 35% |
| 2023 | 96,995 | 80,627 | 16,368 | 10.5 | 19% |
In its most recent public year (2023), this organization brought in $16,368 more than it spent. Its reserves stood at about 10.5 months of spending, down from 18 in 2020. Staff pay was 19% 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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