Island Center For The Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 858 | −858 | 0.2 | — |
| 2012 | 19,795 | 18,936 | 859 | 0.6 | — |
| 2013 | 23,998 | 21,747 | 2,251 | 1.7 | — |
| 2014 | 61,930 | 60,530 | 1,400 | 0.9 | — |
| 2015 | 52,120 | 47,806 | 4,314 | 2.2 | — |
| 2016 | 33,597 | 35,757 | −2,160 | 2.2 | — |
| 2017 | 28,685 | 32,291 | −3,606 | 1.1 | — |
| 2018 | 55,052 | 55,021 | 31 | 0.7 | — |
| 2019 | 27,309 | 26,484 | 825 | 1.8 | — |
| 2020 | 1 | 2,652 | −2,651 | 5.8 | — |
| 2021 | 781 | 1,099 | −318 | 10.5 | — |
| 2022 | 44,882 | 33,645 | 11,237 | 4.4 | — |
| 2023 | 37,732 | 40,604 | −2,872 | 2.8 | — |
In its most recent public year (2023), this organization spent $2,872 more than it brought in. Its reserves stood at about 2.8 months of spending, up from 0.2 in 2011.
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
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