Flint Institute Of Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,917,023 | 4,484,915 | −567,892 | 86.4 | 36% |
| 2012 | 5,501,085 | 5,166,308 | 334,777 | 73.1 | 37% |
| 2013 | 5,156,357 | 4,897,286 | 259,071 | 79.2 | 40% |
| 2014 | 5,243,012 | 4,526,552 | 716,460 | 93.8 | 42% |
| 2015 | 9,798,324 | 4,761,588 | 5,036,736 | 102.8 | 44% |
| 2016 | 9,594,191 | 4,963,662 | 4,630,529 | 107.6 | 43% |
| 2017 | 11,336,414 | 5,075,016 | 6,261,398 | 126.3 | 48% |
| 2018 | 6,319,196 | 5,687,131 | 632,065 | 115.6 | 47% |
| 2019 | 9,162,744 | 6,608,135 | 2,554,609 | 101.0 | 43% |
| 2020 | 6,754,616 | 6,843,845 | −89,229 | 97.7 | 45% |
| 2021 | 9,980,420 | 6,548,409 | 3,432,011 | 115.5 | 47% |
| 2022 | 9,901,885 | 7,324,933 | 2,576,952 | 96.2 | 45% |
| 2023 | 7,301,091 | 7,389,113 | −88,022 | 96.8 | 44% |
In its most recent public year (2023), this organization spent $88,022 more than it brought in. Its reserves stood at about 96.8 months of spending, up from 86.4 in 2011. Staff pay was 44% of spending. $18,656,382 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
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