Ann Arbor Summer Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,344,931 | 1,248,464 | 96,467 | 3.0 | 26% |
| 2012 | 1,508,338 | 1,537,169 | −28,831 | 2.2 | 28% |
| 2013 | 1,512,481 | 1,584,230 | −71,749 | 1.6 | 27% |
| 2014 | 1,414,537 | 1,350,874 | 63,663 | 2.4 | 27% |
| 2015 | 1,196,329 | 1,177,693 | 18,636 | 3.0 | 31% |
| 2016 | 1,439,310 | 1,466,654 | −27,344 | 2.2 | 27% |
| 2017 | 1,555,010 | 1,350,093 | 204,917 | 4.3 | 28% |
| 2018 | 1,217,386 | 1,277,000 | −59,614 | 4.1 | 29% |
| 2019 | 1,184,134 | 1,306,834 | −122,700 | 2.9 | 29% |
| 2020 | 586,182 | 508,570 | 77,612 | 9.8 | 49% |
| 2021 | 879,032 | 687,543 | 191,489 | 11.7 | 43% |
| 2022 | 1,134,323 | 1,272,053 | −137,730 | 4.3 | 35% |
| 2023 | 1,977,604 | 1,621,019 | 356,585 | 6.1 | 27% |
In its most recent public year (2023), this organization brought in $356,585 more than it spent. Its reserves stood at about 6.1 months of spending, up from 3 in 2011. Staff pay was 27% of spending. $583,167 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works