Forum Of Regional Arts Councils Of Minnesota Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 55,028 | 62,496 | −7,468 | 3.1 | — |
| 2012 | 55,018 | 54,719 | 299 | 3.6 | — |
| 2013 | 55,020 | 55,605 | −585 | 3.4 | — |
| 2014 | 55,013 | 48,622 | 6,391 | 5.5 | — |
| 2015 | 55,015 | 60,569 | −5,554 | 3.3 | — |
| 2016 | 55,024 | 50,119 | 4,905 | 5.1 | — |
| 2017 | 55,003 | 72,799 | −17,796 | 0.8 | — |
| 2018 | 55,001 | 45,889 | 9,112 | 2.4 | — |
| 2019 | 55,000 | 50,871 | 4,129 | 3.1 | — |
| 2020 | 65,000 | 35,057 | 29,943 | 14.8 | — |
| 2021 | 315,000 | 297,282 | 17,718 | 0.7 | 2% |
| 2022 | 65,000 | 69,764 | −4,764 | 2.2 | — |
| 2023 | 65,001 | 48,075 | 16,926 | 7.5 | — |
In its most recent public year (2023), this organization brought in $16,926 more than it spent. Its reserves stood at about 7.5 months of spending, up from 3.1 in 2011.
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
Forum Of Regional Arts Councils Of Minnesota 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