everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Riverside Arts Center Foundation Inc

Ypsilanti, MI / EIN 38-3228817 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201199,62473,18826,43618.2
201292,83277,87314,95919.4
201368,16677,799−9,63318.0
2014123,858107,43416,42414.9
2015131,834158,079−26,2457.8
2016255,785196,31659,4699.927%
2017255,476199,82955,64715.037%
2018342,213235,226106,98718.250%
2019233,500229,3554,14518.848%
2020150,952136,70514,24732.949%
2021228,663160,98167,68233.037%
2022778,319242,970535,34948.341%
2023627,969393,353234,61637.046%

In its most recent public year (2023), this organization brought in $234,616 more than it spent. Its reserves stood at about 37 months of spending, up from 18.2 in 2011. Staff pay was 46% of spending. $22,405 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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