River Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 168,503 | 225,794 | −57,291 | 3.2 | 22% |
| 2013 | 117,696 | 157,896 | −40,200 | 1.5 | 34% |
| 2014 | 126,787 | 124,781 | 2,006 | 2.1 | 35% |
| 2015 | 444,450 | 136,408 | 308,042 | 29.0 | 35% |
| 2016 | 156,831 | 141,693 | 15,138 | 29.2 | 38% |
| 2017 | 541,955 | 170,902 | 371,053 | 50.3 | 40% |
| 2018 | 216,725 | 194,653 | 22,072 | 45.5 | 40% |
| 2019 | 217,070 | 205,590 | 11,480 | 43.7 | 41% |
| 2020 | 223,437 | 220,508 | 2,929 | 40.9 | 43% |
| 2021 | 288,370 | 161,825 | 126,545 | 65.2 | 62% |
| 2022 | 235,990 | 227,193 | 8,797 | 46.1 | 48% |
| 2023 | 234,266 | 509,523 | −275,257 | 13.9 | 22% |
| 2024 | 266,074 | 254,358 | 11,716 | 29.3 | 48% |
In its most recent public year (2024), this organization brought in $11,716 more than it spent. Its reserves stood at about 29.3 months of spending, up from 3.2 in 2012. Staff pay was 48% 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 2024. 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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