Fergus Falls Center For The Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 686,486 | 778,283 | −91,797 | 16.3 | 20% |
| 2012 | 262,160 | 352,842 | −90,682 | 32.9 | 21% |
| 2013 | 265,262 | 429,117 | −163,855 | 22.7 | 35% |
| 2014 | 320,009 | 454,674 | −134,665 | 17.8 | 34% |
| 2015 | 407,972 | 414,278 | −6,306 | 19.3 | 31% |
| 2016 | 380,810 | 432,275 | −51,465 | 18.3 | 32% |
| 2017 | 400,781 | 435,444 | −34,663 | 18.3 | 30% |
| 2018 | 442,552 | 448,753 | −6,201 | 17.9 | 21% |
| 2019 | 483,461 | 498,290 | −14,829 | 7.3 | 19% |
| 2020 | 499,382 | 426,671 | 72,711 | 10.7 | 22% |
| 2021 | 338,115 | 287,609 | 50,506 | 17.9 | 23% |
| 2022 | 580,235 | 462,422 | 117,813 | 14.2 | 21% |
| 2023 | 443,796 | 590,686 | −146,890 | 8.4 | 17% |
In its most recent public year (2023), this organization spent $146,890 more than it brought in. Its reserves stood at about 8.4 months of spending, down from 16.3 in 2011. Staff pay was 17% 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
Fergus Falls 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