Faribault Ice Arena Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 235,357 | 236,201 | −844 | 60.2 | 27% |
| 2013 | 233,364 | 239,383 | −6,019 | 59.1 | 26% |
| 2014 | 251,838 | 226,561 | 25,277 | 63.7 | 27% |
| 2015 | 231,671 | 226,510 | 5,161 | 64.0 | 27% |
| 2016 | 259,211 | 223,435 | 35,776 | 66.8 | 28% |
| 2017 | 251,887 | 237,077 | 14,810 | 63.7 | 27% |
| 2018 | 234,691 | 254,918 | −20,227 | 58.3 | 26% |
| 2019 | 225,179 | 244,566 | −19,387 | 59.8 | 26% |
| 2020 | 222,318 | 235,543 | −13,225 | 61.5 | 26% |
| 2021 | 190,237 | 239,109 | −48,872 | 58.1 | 28% |
| 2022 | 292,268 | 256,580 | 35,688 | 55.8 | 25% |
| 2023 | 233,841 | 299,848 | −66,007 | 45.1 | 21% |
In its most recent public year (2023), this organization spent $66,007 more than it brought in. Its reserves stood at about 45.1 months of spending, down from 60.2 in 2012. 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
Faribault Ice Arena Association'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