Grace Arts Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 63,572 | 48,331 | 15,241 | 3.8 | — |
| 2013 | 78,169 | 64,030 | 14,139 | 6.4 | — |
| 2014 | 38,788 | 39,558 | −770 | 10.3 | — |
| 2015 | 72,753 | 85,529 | −12,776 | 3.0 | — |
| 2016 | 83,503 | 72,613 | 10,890 | 5.3 | — |
| 2017 | 2,121,276 | 125,335 | 1,995,941 | 194.2 | 0% |
| 2018 | 1,481,476 | 176,112 | 1,305,364 | 227.1 | 0% |
| 2019 | 2,769,714 | 51,487 | 2,718,227 | 1410.4 | 0% |
| 2020 | 120,740 | 21,001 | 99,739 | 3419.5 | 0% |
| 2021 | 258,501 | 146,422 | 112,079 | 509.2 | 0% |
| 2022 | 277,168 | 211,304 | 65,864 | 148.6 | 0% |
| 2023 | 521,661 | 350,201 | 171,460 | 94.0 | 0% |
In its most recent public year (2023), this organization brought in $171,460 more than it spent. Its reserves stood at about 94 months of spending, up from 3.8 in 2012. Staff pay was 0% 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
Grace Arts 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