The Royal Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 69,848 | 61,772 | 8,076 | 17.5 | — |
| 2013 | 60,216 | 90,721 | −30,505 | 7.9 | — |
| 2014 | 120,059 | 72,983 | 47,076 | 17.6 | — |
| 2015 | 75,989 | 76,758 | −769 | 16.6 | — |
| 2016 | 149,017 | 78,343 | 70,674 | 27.1 | — |
| 2017 | 102,080 | 98,671 | 3,409 | 21.9 | — |
| 2018 | 66,146 | 70,011 | −3,865 | 28.8 | — |
| 2019 | 62,537 | 72,106 | −9,569 | -0.3 | — |
| 2020 | 64,541 | 66,109 | −1,568 | 0.0 | — |
| 2021 | 73,210 | 62,692 | 10,518 | 34.2 | — |
| 2022 | 127,032 | 77,944 | 49,088 | 28.2 | — |
| 2023 | 96,623 | 88,478 | 8,145 | 25.9 | — |
In its most recent public year (2023), this organization brought in $8,145 more than it spent. Its reserves stood at about 25.9 months of spending, up from 17.5 in 2012.
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
The Royal 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