Grinnell Area Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 174,335 | 176,470 | −2,135 | 7.4 | — |
| 2013 | 496,865 | 201,935 | 294,930 | 55.5 | 20% |
| 2014 | 319,661 | 230,870 | 88,791 | 53.2 | 32% |
| 2015 | 306,326 | 276,452 | 29,874 | 45.7 | 37% |
| 2016 | 226,256 | 286,696 | −60,440 | 40.5 | 39% |
| 2017 | 264,682 | 200,618 | 64,064 | 61.7 | 28% |
| 2018 | 373,995 | 245,423 | 128,572 | 56.7 | 23% |
| 2019 | 318,034 | 297,783 | 20,251 | 47.4 | 19% |
| 2020 | 483,504 | 207,660 | 275,844 | 84.2 | 24% |
| 2021 | 416,389 | 186,138 | 230,251 | 108.8 | 28% |
| 2022 | 70,473 | 193,039 | −122,566 | 97.5 | 28% |
| 2023 | 442,006 | 307,882 | 134,124 | 66.3 | 27% |
In its most recent public year (2023), this organization brought in $134,124 more than it spent. Its reserves stood at about 66.3 months of spending, up from 7.4 in 2012. Staff pay was 27% of spending. $873,297 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
Grinnell Area Arts Council'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