Hermantown Arena Board
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 404,406 | 404,406 | 0 | 0.0 | 29% |
| 2013 | 439,651 | 439,651 | 0 | 0.0 | 34% |
| 2014 | 505,263 | 505,263 | 0 | 0.0 | 28% |
| 2015 | 503,481 | 503,481 | 0 | 0.0 | 34% |
| 2016 | 495,977 | 495,977 | 0 | 0.0 | 34% |
| 2017 | 558,866 | 558,866 | 0 | 0.0 | 30% |
| 2018 | 600,892 | 600,892 | 0 | 0.0 | 28% |
| 2019 | 638,278 | 638,278 | 0 | 0.0 | 27% |
| 2020 | 596,280 | 596,280 | 0 | 0.0 | 28% |
| 2021 | 620,767 | 620,767 | 0 | 0.0 | 25% |
| 2022 | 736,991 | 736,991 | 0 | 0.0 | 26% |
| 2023 | 730,266 | 730,266 | 0 | 0.0 | 29% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 0 months of spending. Staff pay was 29% 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
Hermantown Arena Board'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