Minnetonka Center For The Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,293,536 | 1,380,084 | −86,548 | 44.7 | 36% |
| 2013 | 1,238,724 | 1,447,500 | −208,776 | 40.9 | 33% |
| 2014 | 1,431,485 | 1,422,955 | 8,530 | 41.7 | 32% |
| 2015 | 1,298,724 | 1,352,209 | −53,485 | 43.4 | 34% |
| 2016 | 1,474,976 | 1,463,188 | 11,788 | 40.3 | 34% |
| 2017 | 1,194,997 | 1,348,124 | −153,127 | 42.4 | 44% |
| 2018 | 1,283,153 | 1,473,873 | −190,720 | 37.2 | 47% |
| 2019 | 1,870,587 | 1,615,932 | 254,655 | 35.9 | 46% |
| 2020 | 1,315,272 | 1,344,864 | −29,592 | 42.8 | 46% |
| 2021 | 604,180 | 594,440 | 9,740 | 97.8 | 42% |
| 2022 | 1,090,621 | 1,166,142 | −75,521 | 48.8 | 43% |
| 2023 | 1,081,299 | 1,333,550 | −252,251 | 40.5 | 42% |
| 2024 | 1,303,632 | 1,443,549 | −139,917 | 36.4 | 41% |
In its most recent public year (2024), this organization spent $139,917 more than it brought in. Its reserves stood at about 36.4 months of spending, down from 44.7 in 2012. Staff pay was 41% of spending. $309,474 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 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
Minnetonka Center For The Arts's IRS filings as a feed — one entry per filing year, through 2024. 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