Southeastern Minnesota Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 784,267 | 806,804 | −22,537 | 1.4 | 15% |
| 2012 | 838,467 | 840,054 | −1,587 | 1.4 | 14% |
| 2013 | 1,079,190 | 1,083,522 | −4,332 | 1.0 | 11% |
| 2014 | 1,015,387 | 980,766 | 34,621 | 1.5 | 13% |
| 2015 | 960,852 | 962,473 | −1,621 | 1.5 | 16% |
| 2016 | 966,576 | 963,801 | 2,775 | 1.6 | 17% |
| 2017 | 1,125,832 | 1,116,389 | 9,443 | 1.5 | 15% |
| 2018 | 1,015,408 | 1,025,830 | −10,422 | 1.5 | 17% |
| 2019 | 1,092,045 | 1,094,000 | −1,955 | 1.4 | 18% |
| 2020 | 1,049,653 | 1,056,764 | −7,111 | 1.3 | 19% |
| 2021 | 777,550 | 750,110 | 27,440 | 2.3 | 30% |
| 2022 | 1,469,801 | 1,485,709 | −15,908 | 1.0 | 17% |
| 2023 | 1,258,283 | 1,256,174 | 2,109 | 1.2 | 21% |
In its most recent public year (2023), this organization brought in $2,109 more than it spent. Its reserves stood at about 1.2 months of spending. Staff pay was 21% 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
Southeastern Minnesota 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