Grand Rapids Civic Theatre Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,604,459 | 2,214,087 | −609,628 | 46.8 | 32% |
| 2013 | 1,669,714 | 2,207,969 | −538,255 | 44.0 | 33% |
| 2014 | 1,888,083 | 2,299,772 | −411,689 | 40.1 | 33% |
| 2015 | 2,062,072 | 2,347,567 | −285,495 | 37.8 | 35% |
| 2016 | 2,002,601 | 2,379,207 | −376,606 | 35.8 | 30% |
| 2017 | 1,988,977 | 2,601,830 | −612,853 | 30.0 | 29% |
| 2018 | 2,258,072 | 2,800,679 | −542,607 | 25.5 | 30% |
| 2019 | 4,250,521 | 2,867,963 | 1,382,558 | 30.7 | 29% |
| 2020 | 2,925,493 | 2,393,620 | 531,873 | 39.4 | 29% |
| 2021 | 2,242,542 | 1,545,579 | 696,963 | 66.5 | 32% |
| 2022 | 4,082,590 | 3,099,040 | 983,550 | 37.0 | 35% |
| 2023 | 2,618,608 | 3,482,716 | −864,108 | 29.9 | 38% |
In its most recent public year (2023), this organization spent $864,108 more than it brought in. Its reserves stood at about 29.9 months of spending, down from 46.8 in 2012. Staff pay was 38% of spending. $1,380,929 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
Grand Rapids Civic Theatre 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