Newaygo County Council For The Arts Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 289,982 | 206,097 | 83,885 | 31.8 | 35% |
| 2021 | 274,449 | 222,900 | 51,549 | 32.2 | 35% |
| 2022 | 268,427 | 263,330 | 5,097 | 27.5 | 37% |
| 2023 | 332,379 | 279,682 | 52,697 | 28.2 | 39% |
In its most recent public year (2023), this organization brought in $52,697 more than it spent. Its reserves stood at about 28.2 months of spending, down from 31.8 in 2020. Staff pay was 39% of spending. $2,993 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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