Center For The Arts Of Greater Lapeer Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 224,565 | 220,091 | 4,474 | 0.7 | 29% |
| 2013 | 272,562 | 265,966 | 6,596 | 0.8 | 31% |
| 2014 | 308,387 | 310,826 | −2,439 | 0.6 | 31% |
| 2015 | 282,266 | 291,986 | −9,720 | 0.3 | 33% |
| 2016 | 303,047 | 292,870 | 10,177 | 0.7 | 31% |
| 2017 | 325,459 | 325,444 | 15 | 0.4 | 28% |
| 2018 | 333,047 | 340,036 | −6,989 | 0.1 | 30% |
| 2019 | 347,664 | 368,054 | −20,390 | -0.6 | 28% |
| 2020 | 341,684 | 339,039 | 2,645 | -0.5 | 32% |
| 2021 | 256,895 | 227,168 | 29,727 | 2.0 | 45% |
| 2022 | 506,776 | 413,248 | 93,528 | 3.8 | 28% |
| 2023 | 348,041 | 406,509 | −58,468 | 2.1 | 31% |
In its most recent public year (2023), this organization spent $58,468 more than it brought in. Its reserves stood at about 2.1 months of spending, up from 0.7 in 2012. Staff pay was 31% 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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