Austin Area Commission For The Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 703,498 | 405,741 | 297,757 | 70.9 | 42% |
| 2021 | 737,066 | 490,471 | 246,595 | 64.8 | 40% |
| 2022 | 449,988 | 787,223 | −337,235 | 35.3 | 26% |
| 2023 | 458,735 | 597,687 | −138,952 | 43.7 | 36% |
In its most recent public year (2023), this organization spent $138,952 more than it brought in. Its reserves stood at about 43.7 months of spending, down from 70.9 in 2020. Staff pay was 36% of spending. $536,168 of its net assets are donor-restricted.
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
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