Indianapolis Art Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,426,323 | 2,779,299 | −352,976 | 75.4 | 40% |
| 2012 | 2,481,696 | 2,841,587 | −359,891 | 68.4 | 38% |
| 2013 | 2,816,266 | 2,816,909 | −643 | 69.9 | 38% |
| 2014 | 2,864,637 | 3,173,381 | −308,744 | 63.2 | 43% |
| 2015 | 4,130,791 | 3,165,502 | 965,289 | 64.7 | 48% |
| 2016 | 2,875,139 | 3,173,127 | −297,988 | 63.2 | 48% |
| 2017 | 2,548,988 | 3,335,904 | −786,916 | 58.5 | 50% |
| 2018 | 2,844,721 | 3,527,919 | −683,198 | 53.7 | 48% |
| 2019 | 2,797,596 | 3,640,892 | −843,296 | 48.8 | 39% |
| 2020 | 2,541,506 | 2,979,770 | −438,264 | 59.5 | 36% |
| 2021 | 3,948,601 | 3,318,591 | 630,010 | 59.5 | 32% |
| 2022 | 3,557,487 | 3,557,715 | −228 | 50.0 | 48% |
| 2023 | 4,127,242 | 4,046,503 | 80,739 | 45.4 | 47% |
In its most recent public year (2023), this organization brought in $80,739 more than it spent. Its reserves stood at about 45.4 months of spending, down from 75.4 in 2011. Staff pay was 47% of spending. $6,042,229 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
Indianapolis Art Center Inc'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