Boone County Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 15,752 | 28,661 | −12,909 | 16.5 | — |
| 2021 | 99,367 | 74,569 | 24,798 | 13.5 | — |
| 2022 | 58,140 | 53,345 | 4,795 | 19.9 | — |
| 2023 | 53,002 | 38,960 | 14,042 | 31.6 | — |
| 2024 | 32,561 | 47,335 | −14,774 | 22.2 | — |
In its most recent public year (2024), this organization spent $14,774 more than it brought in. Its reserves stood at about 22.2 months of spending, up from 16.5 in 2019.
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 2024. 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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