Northeast Michigan Center For Fine Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 129,233 | 107,006 | 22,227 | 10.0 | — |
| 2012 | 125,900 | 129,971 | −4,071 | 7.8 | — |
| 2013 | 151,238 | 130,997 | 20,241 | 9.6 | — |
| 2014 | 219,097 | 157,326 | 61,771 | 12.7 | 43% |
| 2015 | 223,108 | 212,880 | 10,228 | 10.0 | 40% |
| 2016 | 173,859 | 173,601 | 258 | 12.3 | 50% |
| 2017 | 221,858 | 200,514 | 21,344 | 11.9 | 53% |
| 2018 | 218,259 | 217,040 | 1,219 | 11.1 | 52% |
| 2019 | 231,721 | 215,280 | 16,441 | 12.1 | 52% |
| 2020 | 211,403 | 196,453 | 14,950 | 14.1 | 52% |
| 2021 | 210,410 | 166,824 | 43,586 | 19.8 | 52% |
| 2022 | 251,720 | 223,734 | 27,986 | 16.2 | 49% |
| 2023 | 229,101 | 239,095 | −9,994 | 14.7 | 50% |
In its most recent public year (2023), this organization spent $9,994 more than it brought in. Its reserves stood at about 14.7 months of spending, up from 10 in 2011. Staff pay was 50% of spending. $24,953 of its net assets are donor-restricted.
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 2023. 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
Northeast Michigan Center For Fine Arts Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works