Arts League Of Michigan Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 554,985 | 649,358 | −94,373 | 11.7 | 38% |
| 2011 | 610,295 | 877,958 | −267,663 | 5.0 | 36% |
| 2012 | 701,107 | 871,791 | −170,684 | 3.1 | 26% |
| 2013 | 893,761 | 639,131 | 254,630 | 9.0 | 27% |
| 2014 | 565,962 | 758,373 | −192,411 | 4.5 | 24% |
| 2015 | 522,339 | 817,148 | −294,809 | -0.1 | 27% |
| 2016 | 895,138 | 796,643 | 98,495 | 0.0 | 18% |
| 2017 | 1,102,200 | 1,331,000 | −228,800 | -2.4 | 13% |
| 2018 | 464,806 | 810,143 | −345,337 | -8.2 | 24% |
| 2019 | 1,557,869 | 961,497 | 596,372 | 0.5 | 20% |
| 2020 | 671,231 | 709,472 | −38,241 | 0.0 | 28% |
| 2021 | 1,259,727 | 1,157,231 | 102,496 | 1.9 | 18% |
| 2022 | 1,075,501 | 1,653,566 | −578,065 | -2.7 | 11% |
| 2023 | 697,269 | 1,188,740 | −491,471 | -9.0 | 13% |
In its most recent public year (2023), this organization spent $491,471 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-9 months), down from 11.7 in 2010. Staff pay was 13% of spending.
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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