Grand Marais Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 228,119 | 210,094 | 18,025 | 23.3 | 28% |
| 2012 | 236,012 | 221,049 | 14,963 | 22.9 | 30% |
| 2013 | 291,110 | 227,985 | 63,125 | 25.5 | 32% |
| 2014 | 274,294 | 299,095 | −24,801 | 18.5 | 36% |
| 2015 | 441,891 | 332,220 | 109,671 | 20.6 | 36% |
| 2016 | 340,675 | 336,620 | 4,055 | 20.5 | 38% |
| 2017 | 529,466 | 510,962 | 18,504 | 13.9 | 38% |
| 2018 | 407,355 | 435,776 | −28,421 | 15.5 | 49% |
| 2019 | 695,964 | 651,120 | 44,844 | 12.0 | 38% |
| 2020 | 335,866 | 390,362 | −54,496 | 18.3 | 44% |
| 2021 | 414,854 | 424,524 | −9,670 | 20.1 | 40% |
| 2022 | 396,328 | 473,730 | −77,402 | 17.7 | 36% |
| 2023 | 457,572 | 536,707 | −79,135 | 14.5 | 33% |
In its most recent public year (2023), this organization spent $79,135 more than it brought in. Its reserves stood at about 14.5 months of spending, down from 23.3 in 2011. Staff pay was 33% 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
Grand Marais 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