Wabash Valley Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 37,027 | 5,663 | 31,364 | 230.4 | — |
| 2022 | 63,298 | 27,645 | 35,653 | 62.7 | — |
| 2023 | 54,005 | 101,921 | −47,916 | 11.4 | — |
| 2024 | 76,236 | 73,255 | 2,981 | 16.3 | — |
In its most recent public year (2024), this organization brought in $2,981 more than it spent. Its reserves stood at about 16.3 months of spending, down from 230.4 in 2021.
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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