Southwest Minnesota Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 725,527 | 698,776 | 26,751 | 5.6 | 20% |
| 2012 | 679,281 | 629,956 | 49,325 | 7.2 | 22% |
| 2013 | 774,891 | 765,979 | 8,912 | 6.1 | 19% |
| 2014 | 785,211 | 738,594 | 46,617 | 7.1 | 21% |
| 2015 | 809,528 | 808,882 | 646 | 6.5 | 20% |
| 2016 | 792,993 | 811,841 | −18,848 | 6.3 | 21% |
| 2017 | 827,044 | 875,085 | −48,041 | 5.2 | 21% |
| 2018 | 767,886 | 743,661 | 24,225 | 6.5 | 20% |
| 2019 | 933,811 | 912,511 | 21,300 | 5.7 | 18% |
| 2020 | 864,718 | 867,485 | −2,767 | 5.9 | 19% |
| 2021 | 805,699 | 810,310 | −4,611 | 6.4 | 21% |
| 2022 | 1,000,524 | 1,004,828 | −4,304 | 5.1 | 18% |
| 2023 | 978,911 | 981,718 | −2,807 | 5.4 | 19% |
| 2024 | 1,106,098 | 1,101,475 | 4,623 | 4.9 | 20% |
In its most recent public year (2024), this organization brought in $4,623 more than it spent. Its reserves stood at about 4.9 months of spending. Staff pay was 20% 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