Nantucket Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 82,882 | 58,975 | 23,907 | 120.2 | 41% |
| 2012 | 124,677 | 122,653 | 2,024 | 58.6 | 22% |
| 2013 | 144,003 | 129,607 | 14,396 | 60.5 | 31% |
| 2014 | 124,790 | 183,800 | −59,010 | 43.8 | 13% |
| 2015 | 218,600 | 188,538 | 30,062 | 43.5 | 29% |
| 2016 | 208,181 | 255,561 | −47,380 | 28.0 | 41% |
| 2017 | 153,118 | 156,074 | −2,956 | 48.1 | 23% |
| 2018 | 158,344 | 165,807 | −7,463 | 45.0 | 25% |
| 2019 | 96,997 | 162,038 | −65,041 | 43.0 | 27% |
| 2020 | 131,052 | 133,662 | −2,610 | 52.0 | 32% |
| 2021 | 81,231 | 112,337 | −31,106 | 72.7 | 26% |
| 2022 | 120,409 | 81,436 | 38,973 | 89.7 | 33% |
| 2023 | 85,979 | 100,200 | −14,221 | 74.6 | 25% |
In its most recent public year (2023), this organization spent $14,221 more than it brought in. Its reserves stood at about 74.6 months of spending, down from 120.2 in 2011. Staff pay was 25% 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 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
Nantucket Arts Council 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