Why Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 128,788 | 115,274 | 13,514 | 6.3 | — |
| 2012 | 141,782 | 168,775 | −26,993 | 2.4 | — |
| 2013 | 214,134 | 25,694 | 188,440 | 20.3 | 0% |
| 2014 | 325,841 | 244,411 | 81,430 | 6.1 | 0% |
| 2015 | 296,357 | 269,960 | 26,397 | 10.3 | 0% |
| 2016 | 418,774 | 347,673 | 71,101 | 7.8 | 0% |
| 2017 | 442,044 | 409,709 | 32,335 | 7.5 | 0% |
| 2018 | 430,086 | 470,936 | −40,850 | 5.5 | 0% |
| 2019 | 375,416 | 482,441 | −107,025 | 2.7 | 0% |
| 2020 | 189,402 | 177,625 | 11,777 | 8.2 | 0% |
| 2021 | 280,555 | 232,176 | 48,379 | 8.8 | 45% |
| 2022 | 421,707 | 442,889 | −21,182 | 6.0 | 40% |
| 2023 | 578,416 | 558,642 | 19,774 | 5.2 | 44% |
| 2024 | 596,268 | 603,789 | −7,521 | 4.7 | 40% |
In its most recent public year (2024), this organization spent $7,521 more than it brought in. Its reserves stood at about 4.7 months of spending, down from 6.3 in 2011. Staff pay was 40% 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 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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