Illinois Arts Council Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,264 | 669 | 2,595 | 1500.2 | 0% |
| 2012 | 359 | 359 | 0 | 2800.8 | 0% |
| 2016 | 2,355 | 570 | 1,785 | 1817.4 | 0% |
| 2017 | 75 | 90 | −15 | 11508.0 | 0% |
| 2018 | 313 | 135 | 178 | 7687.8 | 0% |
| 2019 | 802 | 25 | 777 | 41887.2 | 0% |
| 2020 | 2,925 | 15 | 2,910 | 72140.0 | — |
| 2021 | 3,018 | 10 | 3,008 | 110008.8 | — |
In its most recent public year (2021), this organization brought in $3,008 more than it spent. Its reserves stood at about 110008.8 months of spending, up from 1500.2 in 2011.
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 2021. 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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