Willmar Area Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 74,357 | 73,089 | 1,268 | 2.9 | — |
| 2011 | 78,009 | 80,686 | −2,677 | 2.6 | — |
| 2012 | 72,403 | 76,116 | −3,713 | 2.1 | — |
| 2013 | 69,120 | 68,290 | 830 | 2.5 | — |
| 2014 | 64,677 | 68,079 | −3,402 | 1.9 | — |
| 2015 | 53,918 | 44,515 | 9,403 | 5.2 | — |
| 2016 | 45,682 | 47,763 | −2,081 | 4.3 | — |
| 2017 | 79,608 | 67,190 | 12,418 | 5.3 | — |
| 2018 | 63,202 | 49,839 | 13,363 | 10.3 | — |
| 2019 | 52,032 | 72,820 | −20,788 | 3.7 | — |
| 2020 | 33,672 | 26,191 | 7,481 | 13.6 | — |
| 2021 | 27,945 | 23,558 | 4,387 | 17.3 | — |
In its most recent public year (2021), this organization brought in $4,387 more than it spent. Its reserves stood at about 17.3 months of spending, up from 2.9 in 2010.
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 2021. 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
Willmar Area Arts Council's IRS filings as a feed — one entry per filing year, through 2021. 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