Lake Region Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 557,889 | 586,000 | −28,111 | 1.2 | 19% |
| 2012 | 713,179 | 567,611 | 145,568 | 4.3 | 19% |
| 2013 | 579,371 | 588,559 | −9,188 | 2.8 | 19% |
| 2014 | 628,145 | 612,129 | 16,016 | 1.8 | 17% |
| 2015 | 759,450 | 665,363 | 94,087 | 3.3 | 19% |
| 2016 | 574,424 | 630,161 | −55,737 | 2.4 | 23% |
| 2017 | 633,728 | 696,785 | −63,057 | 1.1 | 22% |
| 2018 | 636,873 | 634,883 | 1,990 | 1.3 | 25% |
| 2019 | 707,199 | 711,996 | −4,797 | 1.1 | 22% |
| 2020 | 690,235 | 703,105 | −12,870 | 0.8 | 24% |
| 2021 | 633,356 | 659,763 | −26,407 | 0.4 | 24% |
| 2022 | 880,468 | 844,326 | 36,142 | 0.8 | 21% |
| 2023 | 829,235 | 817,252 | 11,983 | 1.0 | 23% |
In its most recent public year (2023), this organization brought in $11,983 more than it spent. Its reserves stood at about 1 months of spending. Staff pay was 23% 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
Lake Region 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