Cornerstone Center For The Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 578,464 | 672,452 | −93,988 | 37.1 | 55% |
| 2012 | 733,774 | 694,019 | 39,755 | 37.1 | 52% |
| 2013 | 776,078 | 897,520 | −121,442 | 27.9 | 43% |
| 2014 | 832,896 | 850,300 | −17,404 | 29.2 | 43% |
| 2015 | 777,217 | 802,523 | −25,306 | 30.0 | 45% |
| 2016 | 823,924 | 859,210 | −35,286 | 27.6 | 50% |
| 2017 | 833,476 | 754,067 | 79,409 | 34.5 | 53% |
| 2018 | 907,753 | 760,704 | 147,049 | 35.6 | 49% |
| 2019 | 894,496 | 795,277 | 99,219 | 36.6 | 45% |
| 2020 | 568,995 | 478,613 | 90,382 | 61.2 | 41% |
| 2021 | 637,187 | 733,699 | −96,512 | 39.7 | 38% |
| 2022 | 714,891 | 752,928 | −38,037 | 36.0 | 44% |
| 2023 | 734,036 | 814,557 | −80,521 | 21.8 | 44% |
In its most recent public year (2023), this organization spent $80,521 more than it brought in. Its reserves stood at about 21.8 months of spending, down from 37.1 in 2011. Staff pay was 44% of spending. $14,565 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
Cornerstone Center For The Arts 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