Bishop Hill Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,475 | 18,345 | −5,870 | 6.1 | — |
| 2012 | 196,124 | 48,007 | 148,117 | 55.8 | — |
| 2021 | 55,513 | 25,300 | 30,213 | 19.7 | — |
| 2022 | 6,971 | 15,021 | −8,050 | 26.7 | — |
In its most recent public year (2022), this organization spent $8,050 more than it brought in. Its reserves stood at about 26.7 months of spending, up from 6.1 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 2022. 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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