Kennedy Heights Art Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 192,158 | 217,859 | −25,701 | 31.0 | 25% |
| 2012 | 196,522 | 206,586 | −10,064 | 32.1 | 30% |
| 2013 | 658,649 | 220,751 | 437,898 | 53.9 | 29% |
| 2014 | 431,415 | 247,321 | 184,094 | 57.0 | 29% |
| 2015 | 281,650 | 293,484 | −11,834 | 47.6 | 30% |
| 2016 | 290,639 | 312,182 | −21,543 | 43.9 | 28% |
| 2017 | 313,403 | 349,404 | −36,001 | 38.0 | 28% |
| 2018 | 352,223 | 352,087 | 136 | 37.7 | 28% |
| 2019 | 436,556 | 415,437 | 21,119 | 32.6 | 31% |
| 2020 | 471,378 | 396,140 | 75,238 | 36.4 | 38% |
| 2021 | 764,139 | 514,742 | 249,397 | 33.9 | 34% |
| 2022 | 729,333 | 769,943 | −40,610 | 22.0 | 32% |
| 2023 | 1,203,834 | 962,069 | 241,765 | 20.6 | 37% |
In its most recent public year (2023), this organization brought in $241,765 more than it spent. Its reserves stood at about 20.6 months of spending, down from 31 in 2011. Staff pay was 37% of spending. $389,011 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
Kennedy Heights Art Center'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