Minot Area Council Of The Arts Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 165,050 | 181,736 | −16,686 | 13.8 | — |
| 2012 | 126,087 | 132,833 | −6,746 | 17.7 | — |
| 2013 | 134,255 | 139,248 | −4,993 | 17.5 | — |
| 2014 | 136,797 | 141,140 | −4,343 | 18.4 | — |
| 2015 | 132,312 | 129,488 | 2,824 | 20.1 | — |
| 2016 | 154,612 | 142,387 | 12,225 | 17.7 | — |
| 2017 | 93,521 | 107,016 | −13,495 | 24.4 | — |
| 2018 | 84,259 | 94,614 | −10,355 | 26.7 | — |
| 2019 | 160,822 | 139,901 | 20,921 | 21.7 | — |
| 2020 | 95,164 | 110,518 | −15,354 | 26.6 | — |
| 2021 | 146,225 | 108,994 | 37,231 | 33.8 | — |
| 2022 | 230,865 | 146,053 | 84,812 | 29.2 | 34% |
| 2023 | 481,871 | 416,493 | 65,378 | 12.2 | 16% |
In its most recent public year (2023), this organization brought in $65,378 more than it spent. Its reserves stood at about 12.2 months of spending, down from 13.8 in 2011. Staff pay was 16% of spending. $35,964 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
Minot Area Council Of The Arts Incorporated'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