South Shore Art Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 695,375 | 735,577 | −40,202 | 14.5 | 8% |
| 2012 | 652,772 | 633,533 | 19,239 | 17.2 | 9% |
| 2013 | 623,038 | 652,016 | −28,978 | 16.2 | 50% |
| 2014 | 601,211 | 631,870 | −30,659 | 16.3 | 47% |
| 2015 | 956,108 | 658,353 | 297,755 | 21.2 | 7% |
| 2016 | 639,798 | 731,360 | −91,562 | 17.7 | 10% |
| 2017 | 710,473 | 735,783 | −25,310 | 17.2 | 54% |
| 2018 | 661,096 | 769,539 | −108,443 | 14.8 | 54% |
| 2019 | 696,806 | 766,521 | −69,715 | 13.3 | 54% |
| 2020 | 487,041 | 556,547 | −69,506 | 16.8 | 58% |
| 2021 | 562,817 | 499,378 | 63,439 | 21.7 | 59% |
| 2022 | 738,635 | 700,882 | 37,753 | 14.8 | 51% |
| 2023 | 716,684 | 819,245 | −102,561 | 11.2 | 51% |
In its most recent public year (2023), this organization spent $102,561 more than it brought in. Its reserves stood at about 11.2 months of spending, down from 14.5 in 2011. Staff pay was 51% of spending. $166,681 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
South Shore Art Center Inc'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