Waseca Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 124,228 | 56,454 | 67,774 | 66.2 | — |
| 2012 | 180,493 | 69,451 | 111,042 | 73.0 | 51% |
| 2013 | 147,699 | 103,128 | 44,571 | 54.4 | 42% |
| 2014 | 116,721 | 90,258 | 26,463 | 65.7 | 44% |
| 2015 | 205,057 | 89,584 | 115,473 | 81.7 | 47% |
| 2016 | 57,642 | 67,313 | −9,671 | 107.0 | 33% |
| 2017 | 51,499 | 68,139 | −16,640 | 102.7 | 39% |
| 2018 | 48,727 | 70,362 | −21,635 | 95.8 | 45% |
| 2019 | 81,221 | 76,029 | 5,192 | 89.5 | 45% |
| 2020 | 79,242 | 65,016 | 14,226 | 107.2 | 42% |
| 2021 | 92,108 | 112,099 | −19,991 | 60.1 | 31% |
| 2022 | 89,087 | 112,315 | −23,228 | 57.5 | 36% |
| 2023 | 79,611 | 99,755 | −20,144 | 81.6 | 38% |
In its most recent public year (2023), this organization spent $20,144 more than it brought in. Its reserves stood at about 81.6 months of spending, up from 66.2 in 2011. Staff pay was 38% 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
Waseca 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