Northeast Minneapolis Arts Assoc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 215,567 | 175,831 | 39,736 | 3.3 | 0% |
| 2012 | 178,507 | 188,997 | −10,490 | 2.4 | — |
| 2013 | 200,588 | 167,288 | 33,300 | 5.1 | 25% |
| 2014 | 241,413 | 278,380 | −36,967 | 5.1 | 15% |
| 2015 | 295,856 | 342,485 | −46,629 | 5.2 | 13% |
| 2016 | 346,041 | 439,214 | −93,173 | 4.2 | 22% |
| 2017 | 285,129 | 493,768 | −208,639 | 1.1 | 19% |
| 2018 | 231,669 | 338,565 | −106,896 | -1.6 | 28% |
| 2019 | 309,734 | 257,867 | 51,867 | 2.9 | 18% |
| 2020 | 252,008 | 247,557 | 4,451 | 4.6 | 28% |
| 2021 | 293,014 | 257,858 | 35,156 | 7.7 | 27% |
| 2022 | 322,139 | 412,629 | −90,490 | 4.8 | 27% |
| 2023 | 445,132 | 537,922 | −92,790 | 4.9 | 22% |
In its most recent public year (2023), this organization spent $92,790 more than it brought in. Its reserves stood at about 4.9 months of spending, up from 3.3 in 2011. Staff pay was 22% of spending. $22,828 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
Northeast Minneapolis Arts Assoc'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