Palo Alto Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 1,203 | 881 | 322 | 13.6 | — |
| 2016 | 1,174 | 804 | 370 | 16.6 | — |
| 2017 | 3,949 | 2,417 | 1,532 | 13.1 | — |
| 2018 | 2,904 | 2,925 | −21 | 10.8 | — |
| 2020 | 23,627 | 22,641 | 986 | 2.9 | — |
In its most recent public year (2020), this organization brought in $986 more than it spent. Its reserves stood at about 2.9 months of spending, down from 13.6 in 2015.
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 2020. 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
Palo Alto Arts Council's IRS filings as a feed — one entry per filing year, through 2020. 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