Art Reach Of Mid Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 419,785 | 191,033 | 228,752 | 47.3 | 48% |
| 2012 | 164,700 | 184,256 | −19,556 | 47.6 | 53% |
| 2013 | 227,015 | 203,626 | 23,389 | 47.0 | 51% |
| 2014 | 331,328 | 285,163 | 46,165 | 35.9 | 43% |
| 2015 | 459,119 | 281,311 | 177,808 | 44.0 | 45% |
| 2016 | 260,031 | 288,901 | −28,870 | 42.1 | 45% |
| 2017 | 228,769 | 254,243 | −25,474 | 47.8 | 48% |
| 2018 | 210,873 | 256,498 | −45,625 | 44.8 | 46% |
| 2019 | 223,218 | 239,645 | −16,427 | 48.7 | 48% |
| 2020 | 230,102 | 245,413 | −15,311 | 47.8 | 50% |
| 2021 | 241,271 | 248,541 | −7,270 | 48.6 | 53% |
| 2022 | 254,909 | 288,865 | −33,956 | 39.2 | 50% |
| 2023 | 239,092 | 301,480 | −62,388 | 36.3 | 47% |
In its most recent public year (2023), this organization spent $62,388 more than it brought in. Its reserves stood at about 36.3 months of spending, down from 47.3 in 2011. Staff pay was 47% of spending. $23,670 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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