Midland Center For The Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,020,786 | 6,611,255 | 409,531 | 105.4 | 33% |
| 2012 | 5,104,942 | 6,865,838 | −1,760,896 | 102.9 | 32% |
| 2013 | 8,540,924 | 7,278,418 | 1,262,506 | 104.0 | 32% |
| 2014 | 11,630,719 | 7,810,926 | 3,819,793 | 109.4 | 30% |
| 2015 | 10,123,415 | 8,317,564 | 1,805,851 | 97.0 | 31% |
| 2016 | 8,795,913 | 8,510,810 | 285,103 | 95.9 | 29% |
| 2017 | 10,342,608 | 9,335,844 | 1,006,764 | 92.6 | 27% |
| 2018 | 8,698,713 | 10,154,978 | −1,456,265 | 85.7 | 29% |
| 2019 | 11,293,056 | 10,849,171 | 443,885 | 77.9 | 28% |
| 2020 | 9,247,429 | 10,065,615 | −818,186 | 83.9 | 29% |
| 2021 | 12,240,026 | 6,665,721 | 5,574,305 | 156.5 | 37% |
| 2022 | 38,518,398 | 9,352,629 | 29,165,769 | 132.7 | 30% |
| 2023 | 13,575,757 | 10,760,499 | 2,815,258 | 121.5 | 28% |
In its most recent public year (2023), this organization brought in $2,815,258 more than it spent. Its reserves stood at about 121.5 months of spending, up from 105.4 in 2011. Staff pay was 28% of spending. $48,969,405 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
Midland Center For The Arts Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works