Kalamazoo Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 696,548 | 922,982 | −226,434 | 3.4 | 10% |
| 2012 | 746,705 | 780,727 | −34,022 | 3.5 | 34% |
| 2013 | 761,470 | 791,599 | −30,129 | 3.0 | 34% |
| 2014 | 897,130 | 800,121 | 97,009 | 4.4 | 32% |
| 2015 | 1,222,212 | 801,394 | 420,818 | 10.7 | 27% |
| 2016 | 797,532 | 743,464 | 54,068 | 12.4 | 21% |
| 2017 | 926,884 | 975,010 | −48,126 | 9.0 | 27% |
| 2018 | 1,057,479 | 870,054 | 187,425 | 12.8 | 30% |
| 2019 | 1,209,314 | 1,095,153 | 114,161 | 11.4 | 32% |
| 2020 | 1,357,911 | 1,194,365 | 163,546 | 12.1 | 26% |
| 2021 | 1,153,403 | 1,075,223 | 78,180 | 14.3 | 28% |
| 2022 | 1,051,744 | 1,354,917 | −303,173 | 8.7 | 34% |
| 2023 | 1,334,637 | 1,434,099 | −99,462 | 7.3 | 32% |
In its most recent public year (2023), this organization spent $99,462 more than it brought in. Its reserves stood at about 7.3 months of spending, up from 3.4 in 2011. Staff pay was 32% of spending. $447,879 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
Kalamazoo Arts Council 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