Mclean County Art Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 386,499 | 305,371 | 81,128 | 75.0 | 34% |
| 2012 | 299,524 | 279,868 | 19,656 | 82.2 | 39% |
| 2013 | 330,282 | 314,590 | 15,692 | 74.9 | 37% |
| 2014 | 487,716 | 343,350 | 144,366 | 73.8 | 33% |
| 2015 | 242,647 | 302,183 | −59,536 | 78.5 | 38% |
| 2016 | 1,237,727 | 288,579 | 949,148 | 81.1 | 39% |
| 2017 | 296,006 | 302,097 | −6,091 | 81.6 | 37% |
| 2018 | 0 | 0 | 0 | — | — |
| 2019 | 305,654 | 340,605 | −34,951 | 71.1 | 36% |
| 2020 | 230,471 | 331,195 | −100,724 | 75.5 | 37% |
| 2021 | 438,582 | 347,616 | 90,966 | 87.4 | 38% |
| 2022 | 567,728 | 419,930 | 147,798 | 63.8 | 36% |
| 2023 | 565,185 | 502,031 | 63,154 | 56.1 | 31% |
| 2024 | 424,947 | 514,694 | −89,747 | 57.7 | 35% |
In its most recent public year (2024), this organization spent $89,747 more than it brought in. Its reserves stood at about 57.7 months of spending, down from 75 in 2011. Staff pay was 35% 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
Mclean County Art Association's IRS filings as a feed — one entry per filing year, through 2024. 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