Owatonna Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 130,337 | 111,168 | 19,169 | 18.9 | 42% |
| 2022 | 96,171 | 126,003 | −29,832 | 16.3 | 44% |
| 2023 | 160,434 | 130,086 | 30,348 | 14.5 | 42% |
| 2024 | 173,154 | 146,225 | 26,929 | 14.3 | 54% |
In its most recent public year (2024), this organization brought in $26,929 more than it spent. Its reserves stood at about 14.3 months of spending, down from 18.9 in 2021. Staff pay was 54% 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 2024. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works